Aerospace giant Boeing will open a new office in Dublin to help expand its European business.
The Dublin office will support Boeing Capital's Brussels-based European headquarters in pitching aircraft leasing and other commercial financial services to airlines and other businesses, the company said in a release.
"Dublin offers the right locale when considering the city's financial reputation, central location, and available intellectual capital," said Mr Jim Palmer, president of Seattle-based Boeing Capital.
Boeing Capital senior director Mr Cian Dooley will run the Dublin office and will report to Mr Tony Simpson, managing director for Boeing Capital's European aircraft financial services business in Brussels.
Boeing acquired the financing unit in 1997 when it bought rival McDonnell Douglas and last year made it a stand-alone unit alongside its core commercial jet business, its military jet unit, its space and communications subsidiary and its embryonic Internet service, Connexion by Boeing.