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BA Boeing Co

183.30
0.34 (0.19%)
Pre Market
Last Updated: 13:47:33
Delayed by 15 minutes
Share Name Share Symbol Market Type
Boeing Co NYSE:BA NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.34 0.19% 183.30 15,455 13:47:33

Boeing Sees $124 Billion Demand for Jetliner Delivery Financing

09/12/2014 12:14pm

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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

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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