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Boeing Forecasts Sufficient Financing For Rising Global Aircraft Deliveries

"Aircraft utilization is at record highs as are global load factors. Growth in people traveling is happening faster now that new capacity is being introduced. These are fundamental indicators that show that the aviation market is healthy and perhaps even a little underserved," said Boeing's Zolotusky.

The company expects the higher costs and stricter terms for export credit borrowing next year to drive down reliance on government-backed loan guarantees, as their use gradually returns to lower historic rates.

Boeing's complete 2013 aircraft finance market outlook can be found at www.boeingcapital.com/cafmo.

Contact:

John Kvasnosky Boeing Capital Corporation+1 206-898-9528 john.kvasnosky@boeing.com

Caution Concerning Forward-Looking Statements

This news release contains statements that are "forward-looking" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "may," "should," "expects," "forecasts," and similar expressions are used to identify these forward-looking statements. Such statements are based on our current expectations and assumptions, which may not prove to be accurate. As a result, they are not guarantees and are subject to risks, uncertainties, and changes in circumstances that are difficult to predict. These statements speak to events only as of the date they are made and we assume no obligation to update or revise any forward-looking statement, except as required by law.  Factors that could cause actual results to differ materially include risks related to U.S. and global economic conditions, general industry conditions affecting Boeing or its customers, liquidity of the global financial markets, Boeing's planned production rate increases across multiple programs and the overall health of its aircraft production system; and other factors disclosed by Boeing and Boeing Capital Corp. in Form 10-K, 10-Q and other filings with the Securities and Exchange Commission.

SOURCE Boeing

Stock quotes in this article: BA 
Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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