Part 1

Examine the financial statements of major, national, and regional air carriers in the U.S. and explainwhether airlines rely more on external or internal funds as sources of financing for their aircraft? What might be the reason for the decision?

Part 2

In the video, what do you think Mr. Tvardek means when he says, "in moving to the market, we have actually rationalized the export financing programs of governments in favor of a system which matches purchases to the value of the asset and repayment streams"? Do you think this is the fairest thing to do for the world's airlines?