Boeing Forecasts Resiliency and Increased Growth for Aircraft Finance
"With production and delivery increases and the reopening of certain regional markets, we forecast aircraft financing needs to reach near pre-pandemic levels in 2023," said
The 2023 CAFMO is
An introductory video, presentation and regional financing data is available at www.boeing.com/CAFMO. Select highlights include:
- In 2022, the majority of
Boeingairplanes were funded with cash due to strong operational performance and de-leveraging efforts by customers.
- While cash funding will continue to play a significant part in delivery financing, the use of capital markets, bank debt and export credit is expected to expand.
- 2022 capital markets activity was lower compared to its heightened activity recorded in 2021.
- Export credit agencies supported nearly 5% of
Boeingdeliveries in 2022.
- Lessor-supported deliveries will remain stable but may face competition from other financing sources.
Caution Concerning Forward-looking Statements
Certain statements in this presentation may be "forward-looking" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "may," "should," "expects," "intends," "projects," "plans," "believes," "estimates," "targets," "anticipates" and similar expressions generally identify these forward-looking statements. Examples of forward-looking statements include statements relating to our future plans, business prospects, financial condition and operating results, as well as any other statement that does not directly relate to any historical or current fact. Forward-looking statements are based on expectations and assumptions that we believe to be reasonable when made, but that may not prove to be accurate. These statements are not guarantees and are subject to risks, uncertainties and changes in circumstances that are difficult to predict. Many factors could cause actual results to differ materially and adversely from these forward-looking statements, including the COVID-19 pandemic and related industry impacts; the timing and conditions of 737 MAX or other airplane model regulatory approvals, lower-than-planned production rates and/or delivery rates, and increased considerations to customers and suppliers; economic and geopolitical conditions in
As a leading global aerospace company,
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