Aircraft

DATE:30/10/08
SOURCE:Air Transport Intelligence news
Boeing Capital may raise $5 billion warchest

Boeing's finance unit may raise a $5 billion warchest that could be used to buy aircraft for leasing, to make loans to customers or to fund acquisitions of other businesses.

Boeing Capital filed a shelf registration today with the US Securities and Exchange Commission that would sell up to $5 billion in debt securities.

The airframer announced earlier this month that it may provide backstop financing on commercial aircraft sales for the first time since 2006.

A prospectus describing the transaction shows Boeing Capital now owns a portfolio of 289 aircraft, including two US Navy C-40s, as well as partial ownership or interest in another 44 aircraft. The total value of the portfolio is $6.1 billion.

Lead image © Boeing

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