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Boeing considering strategic partnership with Angola

     Politics              
  • Luanda • Monday, 06 May de 2024 | 18h48
Presidente João recebe várias entidades em Dallas
Presidente João recebe várias entidades em Dallas
DR

Dallas - Boeing's president for Latin America and the Caribbean and president of Boeing's global affairs, Landon Loomis, on Monday expressed the multinational's interest in supporting Angola in improving its aviation ecosystem.

Landon Loomis, who was speaking to the press in Dallas, Texas, after a meeting with the Angolan President, João Lourenço, said that Boeing intends to support Angola, specifically, in matters of maintenance and training of staff.

He said that they discussed with President João Lourenço the Angolan Government's vision and strategy of diversifying the economy, especially the investments planned for the aviation sector.

He stressed that Boeing recognizes Angola's great potential to grow in this economic segment, having highlighted that it intends to be a strong partner in supporting the country's strategy in the development of the aviation system.

'We talk about the possibility of establishing partnerships and investment in areas such as training, maintenance and support for the aviation ecosystem', the executive of the North American multinational company highlighted.

Boeing is a multinational dedicated to the design, manufacture and sale of airplanes, helicopters, rockets, satellites and missiles around the world, in addition to being an active provider of leasing services.

Available data indicates that the company is among the largest global aerospace manufacturers, being the fourth largest defense contractor in the world, based on its revenues achieved in 2022.

Considered the largest US exporter in dollar value, the company recorded, in the first quarter of 2024, revenues of US$ 16.6 billion, with operating cash flow of (US$ 3.4) billion and free cash flow from ($3.9) billion (non-GAAP).

In the same period, the company's total backlog grew to US$529 billion, including more than 5,600 commercial aircraft.

President João Lourenço is in Dallas to participate in the 16th US-Africa Business Summit, which will bring together, for four days, several business executives and dozens of heads of State and Government. Elj/ART/DOJ





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