Boeing Forecasts Resiliency and Increased Growth for Aircraft Finance

Boeing today released the 2023 Commercial Aircraft Finance Market Outlook (CAFMO) showing another year of recovery and increased demand from aircraft financiers and investors.

Boeing to shift 150 finance and IT jobs to India from the US(Opens in a new browser tab)

The 2023 CAFMO is Boeing’s annual review of aircraft financing trends and assesses near-term market dynamics and financing sources for new commercial airplane deliveries.

An introductory video, presentation and regional financing data is available at www.boeing.com/CAFMO. Select highlights include:

• In 2022, the majority of Boeing airplanes 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 Boeing deliveries in 2022.
• Lessor-supported deliveries will remain stable but may face competition from other financing sources.

The Boeing 2022 Commercial Market Outlook, a separate annual 20-year forecast addressing the market for commercial airplanes and services, reflects that the global market is recovering as Boeing projected in 2020. Demand for domestic air travel has made a strong recovery across a number of regions, with international traffic gaining momentum as restrictions ease, tracking to return to pre-pandemic levels by 2023 to 2024.

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 the United States and globally; general market and industry conditions as they may impact us or our customers; reliance on commercial customers, U.S. government customers and suppliers; the overall health of aircraft production system, as well as the other important factors disclosed previously and from time to time in The Boeing Company’s filings with the Securities and Exchange Commission.