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Boeing forum explores air capital markets

Dubai, October 24, 2013

Boeing recently hosted a forum for experts in aircraft-backed securities which focused on in-depth exploration into aviation-related capital markets opportunities.

The Mideast-first event was backed by the National Bank of Abu Dhabi, Deutsche Bank and airline customers Emirates and Etihad – as the region’s financing support for the company’s new airliners climbs to an expected record two-thirds of its 2013 deliveries, a significant growth over just a few years ago.

“Boeing has long believed and invested in the Middle East as the region has grown its support for our jetliners,” said Ron Glover, managing director for the region at Boeing Capital Corporation, the manufacturer’s financing and leasing arm and the event’s co-host.

“The payoff has been great support for our deliveries and, for investors here, strong rewards for their capital assigned to commercial aviation.”

The event united the invitation-only audience of 83 financing and industry officials with leading aviation-sector professionals – from the sponsors and their global industry associates, Avitas, and the law firm Clifford Chance – for discussions and updates on airline and financing markets conditions, the bond markets, regulatory and legal developments and Islamic financing among others.

Boeing and NBAD last year held a similar Chief Risk Officer Summit in Abu Dhabi focused on risk management for aircraft investors.

“With the significant global growth we are seeing in capital markets activity, today’s summit is a natural extension of our partnerships to create investor opportunity by connecting the region’s liquidity to worthy investment,” Glover said.

“Boeing’s Middle East relationships run long and deep,” said Jeff Johnson, Boeing Middle East president and the summit’s welcome speaker. “This summit underlines Boeing’s commitment to add value to the region and provide a robust opportunity enabled by our commercial airplanes.”

Boeing’s relationship with the Middle East extends back to 1945. Since then, Boeing has established numerous regional offices, first in Riyadh in 1982, then a dedicated Boeing Defense, Space & Security office in Abu Dhabi in 1999, a regional headquarters in Dubai in 2005 and a new office in Doha in 2010.
Boeing also has field service teams across the region and two spare-parts distribution centers in Dubai. – TradeArabia News Service




Tags: Boeing | Securities | aviation | forum |

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