Piloting a risk revolution

Corporates

Tucked away in the statement accompanying Boeing’s recent annual report is a modestly worded paragraph mentioning the role that risk management played in boosting income last year. A recovery in the commercial aircraft market undoubtedly played a significant part in the more than twofold year-on-year increase in pre-tax income to $183 million at the corporate’s financing arm, Boeing Capital. But any underestimation of the role of risk management in safeguarding Boeing’s bottom line