EXHIBIT 31.1



CERTIFICATION

(pursuant to Rule 13a-15(e) of the Securities
Exchange Act of 1934, as adopted pursuant to

Section 302 of the Sarbanes-Oxley Act of 2002)



I, Walter E. Skowronski, certify that:

| | 1. | I have reviewed this Annual Report on Form 10-K of Boeing Capital Corporation;
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| | 2. | Based on my knowledge, this annual report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the
circumstances under which such statements were made, not misleading with respect to the period covered by this annual report;
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| | 3. | Based on my knowledge, the financial statements, and other financial information included in this annual report, fairly present in all material respects the financial condition, results of
operations and cash flows of the issuer as of, and for, the periods presented in this annual report;
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| | 4. | The issuers other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e))
for the issuer and have:
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| | a) | Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the
issuer, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this annual report is being prepared;
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| | b) | (omitted pursuant to SEC Release No. 33-8238);
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| | c) | Evaluated the effectiveness of the issuers disclosure controls and procedures and presented in this annual report our conclusions about the effectiveness of the disclosure controls and
procedures, as of the end of the period covered by this annual report based on such evaluation; and
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| | d) | Disclosed in this annual report any change in the issuers internal control over financial reporting that occurred during the issuers most recent quarter (the issuers fourth
fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the issuers internal control over financial reporting; and
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| | 5. | The issuers other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the issuers auditors and the audit
committee of the issuers board of directors (or persons performing the equivalent functions):
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| | a) | All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the issuers
ability to record, process, summarize and report financial information; and
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| | b) | Any fraud, whether or not material, that involves management or other employees who have a significant role in the issuers internal control over financial reporting.
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|                  |  |  |  |                         
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|February 28, 2005 |  |  |  | /s/ WALTER E. SKOWRONSKI
|                  |  |  |  | Walter E. Skowronski    
|                  |  |  |  | President and Director