{"id":410674,"date":"2021-04-15T09:00:53","date_gmt":"2021-04-15T03:30:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=410674"},"modified":"2021-04-15T09:41:56","modified_gmt":"2021-04-15T04:11:56","slug":"boeing-says-financing-available-to-back-jet-deliveries","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/boeing-says-financing-available-to-back-jet-deliveries\/","title":{"rendered":"Boeing says financing available to back jet deliveries"},"content":{"rendered":"<p>Boeing Co voiced optimism on Wednesday over financing for jet buyers to take deliveries as the industry looks to a recovery in air travel, while raising an amber flag over airline access to commercial bank loans. <\/p>\n<p>Industrywide needs for funding to support deliveries fell about 40% to $59 billion in 2020 as the pandemic stifled production already weakened by the grounding of the Boeing 737 MAX in 2019.<\/p>\n<p>&#8220;Despite the unprecedented impacts of Covid-19 on the global aerospace industry, there generally continues to be liquidity in the market for our customers,&#8221; said Tim Myers, president of Boeing Capital, the planemaker&#8217;s financing arm. <\/p>\n<p>&#8220;We expect it to further improve as travel begins to rebound.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boeing Co voiced optimism on Wednesday over financing for jet buyers to take deliveries as the industry looks to a recovery in air travel, while raising an amber flag over airline access to commercial bank loans. Industrywide needs for funding to support deliveries fell about 40% to $59 billion in 2020 as the pandemic stifled production already weakened by the grounding of the Boeing 737 MAX in 2019. &#8220;Despite the unprecedented impacts of Covid-19 on the global aerospace industry, there generally continues to be liquidity in the market for our customers,&#8221; said Tim Myers, president of Boeing Capital, the planemaker&#8217;s [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176,146,130],"tags":[],"class_list":["post-410674","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-deccan-herald-newspapers","category-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/410674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=410674"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/410674\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=410674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=410674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=410674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}