Boeing Sees $124 Billion Demand for Jetliner Delivery Financing
December 09 2014 - 7:14AM
Dow Jones News
By Robert Wall
LONDON--Boeing Co. (BA) projects a demand for $124 billion in
jetliner financing next year as airlines need to fund more than
1,300 aircraft deliveries planned for 2015.
Airlines and lessors "will continue to have access to highly
efficient financing," said Tim Myers, vice president for aircraft
financial services at Boeing Capital Corp., the financing arm of
the world's biggest plane maker. Demand for financing is expected
to continue to grow through the decade and reach $156 billion in
2019.
Strong demand for more fuel-efficient jets has driven output at
Boeing and rival Airbus Group NV to record levels. The two have
combined to build more than 1,200 planes already this year.
Write to Robert Wall at robert.wall@wsj.com
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