On Nov. 3, 2006, Standard&Poor's Ratings Services raised its long-term ratings, including the long-term corporate credit ratings to 'A+' from 'A', on Chicago-based Boeing Co. and its wholly owned finance unit, Boeing Capital Corp. The ratings are removed from CreditWatch, where they were placed with positive implications on Oct. 25, 2006. The outlook is stable. The short-term ratings, including the 'A-1' short-term corporate credit ratings on both entities, were not on CreditWatch and are affirmed. The rating on Boeing Capital is tied to that of Boeing. About $10 billion of consolidated debt is outstanding. The upgrade reflects continued good overall financial performance and the likelihood of further gains in the intermediate term. The rating action is based, in