Boeing Corporate President and CFO James Bell said Boeing Capital Corp. will provide about $1 billion in financing for new aircraft deliveries in 2009 but expressed confidence that there also are "adequate sources of financing" in traditional credit markets. He added that it's too early to make an assessment for 2010 but said the company does not plan to be a primary financing source going forward. "There is not the need [for Boeing] to finance aircraft [on a large scale]," he insisted. "If ...

Subscribe to Access this Entire Article

"Other News - 05/21/2009" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.