EXHIBIT 99.1

                            Section 302 Certification


                                  CERTIFICATION

       I, James F. Palmer, certify that:
       1.   I have reviewed this quarterly report on Form 10-Q of Boeing
            Capital Corporation;
       2.   Based on my knowledge, this quarterly 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 quarterly report;
       3.   Based on my knowledge, the financial statements, and other
            financial information included in this quarterly report,
            fairly present in all material respects the financial
            condition, results of operations and cash flows of the
            registrant as of, and for, the periods presented in this
            quarterly report;
       4.   The registrant's other certifying officers and I are
            responsible for establishing and maintaining disclosure
            control procedures (as defined in Exchange Act Rules 13a-14
            and 15d-14) for the registrant and have:
            a)  designed such disclosure controls and procedures to
                ensure that material information relating to the
                registrant, including its consolidated subsidiaries,
                is made known to us by others within those entities,
                particularly during the period in which this
                quarterly report is being prepared;
            b)  evaluated the effectiveness of the registrant's
                disclosure controls and procedures as of a date
                within 90 days prior to the filing date of this
                quarterly report (the "Evaluation Date"); and
            c)  presented in this quarterly report our conclusions about the
                effectiveness of the disclosure controls and procedures based
                on our evaluation as of the Evaluation Date;
       5.   The registrant's other certifying officers and I have
            disclosed, based on our most recent evaluation, to the
            registrant's auditors and the audit committee of the
            registrant's board of directors (or persons performing the
            equivalent function):
            a)  all significant deficiencies in the design or
                operation of internal controls which could adversely
                affect the registrant's ability to record, process,
                summarize and report financial data and have
                identified for the registrant's auditors any material
                weaknesses in internal controls; and
            b)  any fraud, whether or not material, that involves management or
                other employees who have a significant role in the registrant's
                internal controls; and
       6.   The registrant's other certifying officers and I have
            indicated in this quarterly report whether or not there were
            significant changes in internal controls or in other factors
            that could significantly affect internal controls subsequent
            to the date of our most recent evaluation, including any
            corrective actions with regard to significant deficiencies and
            material weaknesses.




November 6, 2002                        /S/ JAMES F. PALMER

                                        ----------------------------------------
                                        James F. Palmer
                                        President And Chief Executive Officer