Boeing Capital is a subsidiary of

The Boeing Company The Boeing Company () is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product ...

, providing asset-based leasing and lending services. Boeing Capital is made up of two divisions, Aircraft Financial Services and Space & Defense Financial Services. It operates as a support unit for Boeing's main businesses.

History

Boeing Capital was incorporated in 1968 as

McDonnell Douglas McDonnell Douglas was a major American aerospace manufacturing corporation and defense contractor, formed by the merger of McDonnell Aircraft and the Douglas Aircraft Company in 1967. Between then and its own merger with Boeing in 1997, it pro ...

Finance, but this name was changed to Boeing Capital in 1997, when

Boeing The Boeing Company () is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and p ...

merged with the McDonnell Douglas Corporation. The subsidiary is known as a worldwide provider of financial services, but primarily supports its parent corporation. In September 2018, Boeing, Boeing Capital and insurance firm

Marsh & McLennan Marsh & McLennan Companies, Inc., doing business as Marsh McLennan, is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investme ...

were sued for having stolen Xavian Insurance's actuarial analysis to create AFIC to replace the US-Exim Bank, stopped by then.

References

Financial services companies of the United States Aircraft leasing companies Boeing Companies based in Renton, Washington Financial services companies established in 1968 1968 establishments in Washington (state) American corporate subsidiaries {{US-finance-company-stub 1968 establishments in the United States