Boeing Capital Corporation in the Middle East
As a wholly owned Boeing subsidiary, Boeing Capital Corporation (BCC) creates financing solutions for customers purchasing the company’s commercial airplane and defense products. As the company’s investment bank, it works closely with third-party financing sources that provide nearly all of the financing support required by Boeing customers. BCC also manages the company’s $4.3 billion portfolio of approximately 275 aircraft, many of them newer, fuel efficient jetliners.
BCC is continually strengthening its presence in the region, which is recognized as a high-growth area for commercial aviation with increasing demand for aviation financing.
BCC regularly organizes events in the Middle East that are designed to engage the region’s finance community. Since 2006, it has hosted annual airline planning seminars for financiers in the Middle East, and its Middle East financiers and investors' conference has become an annual event.
BCC is currently exploring opportunities for Islamic finance in the aviation sector and the possibility of including aircraft finance in the Islamic Sukuk, or bond, market in which an aircraft finance portfolio would be secured by an instrument known as the Enhanced Equipment Trust Certificate.