Boeing Capital
| Company type | Subsidiary |
|---|---|
| Industry | Financial services, Aircraft leasing |
| Predecessor | McDonnell Douglas Finance |
| Founded | 1968 |
| Fate | Renamed in 1997 after Boeing and McDonnell Douglas merger |
| Headquarters | Renton, Washington , United States |
| Parent | Boeing Commercial Airplanes |
Boeing Capital operates as a subsidiary under Boeing Commercial Airplanes, focusing on providing aircraft leasing and financing solutions. The organization is divided into two main sectors: Aircraft Financial Services and Space & Defense Financial Services, both of which facilitate Boeing’s principal business activities.
History
Originally established in 1968 under the name McDonnell Douglas Finance, the entity adopted the Boeing Capital name in 1997 after the merger between Boeing and McDonnell Douglas Corporation.
Boeing Capital has earned international recognition for delivering financial services that primarily support its parent company’s endeavors.
In September 2018, Boeing, along with Boeing Capital and insurance company Marsh & McLennan, was subject to litigation accusing them of improperly utilizing actuarial data from Xavian Insurance to develop the Aircraft Finance Insurance Consortium (AFIC). This consortium was formed to substitute financing previously provided by the US-Exim Bank during a period when its congressional reauthorization was pending.