Application for Final Commitment for a Long-Term Loan or Financial Guarantee in Excess of $100 Million: AP087512XX

AGENCY:

Export-Import Bank of the United States .

ACTION:

Notice.

SUMMARY:

This Notice is to inform the public, in accordance with Section 3(c)(10) of the Charter of the Export-Import Bank of the United States (“Ex-Im Bank”), that Ex-Im Bank has received an application for final commitment for a long-term loan or financial guarantee in excess of $100 million (as calculated in accordance with Section 3(c)(10) of the Charter). Comments received within the comment period specified below will be presented to the Ex-Im Bank Board of Directors prior to final action on this Transaction.

Reference: AP087512XX.

Purpose and Use: Brief description of the purpose of the transaction:

To support the export of U.S. manufactured aircraft under operating lease from the United States to South Korea and China.

Brief non-proprietary description of the anticipated use of the items being exported:

To provide regional and domestic airline service from and within South Korea and China.

To the extent that Ex-Im Bank is reasonably aware, the item(s) being exported are not expected to produce exports or provide services in competition with the exportation of goods or provision of services by a United States industry.

Parties: Principal Supplier: The Boeing Company.

Obligor: Air Lease Corporation.

Guarantor(s): N/A.

Description of Items Being Exported: Boeing 737 aircraft.

Information on Decision: Information on the final decision for this transaction will be available in the “Summary Minutes of Meetings of Board of Directors” on http://www.exim.gov/articles.cfm/board%20minute.

Confidential Information: Please note that this notice does not include confidential or proprietary business information; information which, if disclosed, would violate the Trade Secrets Act; or information which would jeopardize jobs in the United States by supplying information that competitors could use to compete with companies in the United States.

DATES:

Comments must be received on or before December 18, 2012 to be assured of consideration before final consideration of the transaction by the Board of Directors of Ex-Im Bank.

ADDRESSES:

Comments may be submitted through Regulations.gov at www.regulations.gov. To submit a comment, enter EIB-2012-0044 under the heading “Enter Keyword or ID” and select Search. Follow the instructions provided at the Submit a Comment screen. Please include your name, company name (if any) and EIB-2012-0044 on any attached document.