NEW YORK (Standard&Poor's) Oct. 25, 2006--Standard&Poor's Ratings Services today placed its long-term ratings, including the 'A' corporate credit ratings, on Chicago-based Boeing Co. and its wholly owned finance unit, Boeing Capital Corp., on CreditWatch with positive implications. The short-term ratings, including the 'A-1' short-term corporate credit ratings, on both entities are not on CreditWatch. About $10 billion of consolidated debt is outstanding. "The CreditWatch placement reflects continued good overall financial performance and the likelihood of further gains in the intermediate term," said Standard&Poor's credit analyst Roman Szuper. "The action, in particular, is based on improving profitability, aided by solid demand for commercial airplanes from a recovering global airline industry, substantial cash flow, and expectations
