Boeing is developing an “Amazon” of aviation services


EXCLUSIVE – The American giant is counting on its subsidiary Global Services to bring it growth drivers, in a market estimated at 3.2 trillion dollars.

Weakened by the industrial problems of the 737 Max and the 787 Dreamliner, Boeing is counting more than ever on services to offer it a growth driver. Military and space activities, which traditionally acted as a shock absorber, should indeed remain stable, according to forecasts from the American giant.

Affected by the health crisis, the activity of the Boeing Global Services (BGS) subsidiary has begun its recovery, in the wake of the resumption of air traffic since last summer. BGS even achieved the best performance of the group, with a 5% increase in its turnover, to 16.3 billion dollars in 2021, and an operating profitability of 12.4%. “BGS has shown great resilience. This is due, in part, to the fact that we serve both military and commercial markets.explains Ted Colbert, CEO of the subsidiary, in an exclusive interview with Figaro. BGS, which celebrates its fifth anniversary in 2022, oversees the service activities…

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