advertising

Jet Set

Jet Set
McNerney: Boeing's insulated from U.S. credit crisis Wednesday 23. of April 2008

By: Bryan Corliss

With 80 percent of its record orders backlog booked with overseas customers, the Boeing Co. should comfortably weather the current U.S. credit mess, CEO Jim McNerney said this morning.

"Right now, these developments aren't...

Comments (0)

Jet Set
Boeing profits up 38 percent Wednesday 23. of April 2008

By: Bryan Corliss

Boeing is reporting a 38-percent jump in first-quarter profits this morning.

The company reported net income of $1.2 billion for the quarter, compared to $877 million in the first quarter of last year.On a per-share basis,...

Comments (0)

Jet Set
Fed sees strength in aerospace amid western U.S. slowdown Wednesday 16. of April 2008

By: Bryan Corliss

The Federal Reserve has just released its April Beige Book report, a collection of observations and reports from around the nation. We'll let CNBC worry about the nationwide outlook, and focus on what the 12th District board of...

Comments (0)

Jet Set
Boeing: 787 progressing, but not fast enough Wednesday 09. of April 2008

Boeing and its partners have made a lot of progress toward getting the 787 on track, says Pat Shanahan. "We simply haven't made enough."

 

As a result, the company is pushing back its timetable for first flight and...

Comments (0)

Jet Set
Boeing says it's going to delay the first flight and first deliveries of the 787 by another six months. Wednesday 09. of April 2008

In a statement released this morning, the company says that while "significant progress has been made assembling Airplane #1," the first flight is being rescheduled, due to "slower than expected completion of work that traveled...

Comments (0)

Jet Set
The case of Global Aeronautica Monday 31. of March 2008

By: Bryan Corliss

That's what I get for thinking.

I heard the rumor a couple months ago, that Boeing was going to buy the troubled Global Aeronautica factory in Charleston, S.C. Global is a joint venture formed by two long-time Boeing suppliers...

Comments (1)

Jet Set
Boeing's economic stimulus program Wednesday 26. of March 2008

By: Bryan Corliss

It's time to start watching Boeing's stock price.

As my friends at The Daily Herald in Everett noted this week, the deadline is approaching for another payout from the company's Share Value Trust program. If Boeing share...

Comments (0)

Jet Set
Tanker appeal: Get some fresh coffee, it's gonna be a while Tuesday 11. of March 2008

By: Bryan Corliss

Boeing appealed the tanker contract? What?  You woke me up early the day after I get back from vacation to tell me that? Of course Boeing appealed the Pentagon's decision to buy tankers from the EADS/Northrop Grumman joint...

Comments (0)

Jet Set
Tanker decision 'was not a close outcome' Monday 03. of March 2008

By: Bryan Corliss

The EADS/Northrop Gruman tanker proposal was superior to Boeing's in every regard, says tanker guru Loren Thompson of the Lexington Insitute.

"Boeing didn't manage to beat Northrop in a single measure of merit," Thompson wrote...

Comments (0)

Jet Set
Boeing loses tanker contract Friday 29. of February 2008

By: Bryan Corliss

OK, the press conference is over.

My first reaction - this is a huge strategic win for Airbus' parent company, EADS. The Pentagon is the biggest weapons buyer in the world, and EADS wants - heck, needs - to get a share of...

Comments (0)

Jet Set
Tanker Watch 2008: Maylasian spies infiltrate Pentagon Thursday 28. of February 2008

By: Bryan Corliss

Obviously, there was no tanker announcement Wednesday afternoon. Instead, a top Pentagon official told Reuters yesterday that her "best bet" is that word on the decision about who gets the $40 billion contract will come down...

Comments (0)

Jet Set
Gregoire: Congressional probe likely if Boeing doesn't win tanker bid Wednesday 27. of February 2008

By: Bryan Corliss

Still no word from the Pentagon as to which way the tanker deal will fall - but Gov. Chris Gregoire already is putting the Air Force on notice about the political repercussions, should the generals opt for anything other than the...

Comments (0)

Jet Set
Waiting for a tanker decision . . . Tuesday 26. of February 2008

By: Bryan Corliss

No word on tankers from the Pentagon this morning. So, while we wait, let's look at some other news.

The Los Angeles Times has an interesting profile on new Boeing 787 chief, Pat Shanahan. He doesn't have a high profile outside...

Comments (0)

Jet Set
Continued hot air over tankers threatens to exacerbate global warming Monday 25. of February 2008

By: Bryan Corliss

The honchos at Longacres may know by now whether Boeing or the EADS/Northrop Gruman joint venture has won a $40 billion contract to provide 179 aerial refueling tankers to the U.S. Air Force.

A key Pentagon committee met...

Comments (0)

Jet Set
The news from Singapore Wednesday 20. of February 2008

By: Bryan Corliss

So Lion Air went ahead and ordered 56 more 737s. That's a nice win, but we knew that was going to happen - they've been talking about it for a couple months.

No, that's not the real news from Singapore. The really interesting...

Comments (0)

Jet Set
At long last, is it tanker time? And could Alaska be a merger target? Friday 15. of February 2008

By: Bryan Corliss

A Pentagon spokesman says there will be a final decision by the end of this month on whether to buy aerial refueling tankers from Boeing or an EADS/Northrop Gruman joint venture.

Fortunately for him, this is a leap year, and...

Comments (0)

Jet Set
Delta: We'd love to merge - and it shows Wednesday 13. of February 2008

By: Bryan Corliss

All kinds of reports are surfacing about the potential blockbuster Delta-Northwest merger, which could get announced next week:

Air France reportedly stands ready to invest in the new mega-major;Delta CEO Richard Anderson wants...

Comments (0)

Jet Set
Aboulafia: State needs to defend aerospace cluster Tuesday 12. of February 2008

By: Bryan Corliss

LYNNWOOD - Puget Sound's aerospace cluster has a formidable advantage over anyone who tries to elbow their way into the field, a leading aerospace analyst said Monday.

"Everyone who's tried to start a cluster has failed," Teal...

Comments (0)

Jet Set
McCain is the (KC-) X factor in tanker deal Tuesday 05. of February 2008

By: Bryan Corliss

Super Bowl, Super Tuesday, Fat Tuesday . . . what I wanna know is, do you really think that a President John McCain would let the Pentagon buy tankers from Boeing?

Sometime this month, the Pentagon is expected to decide -...

Comments (0)

Jet Set
In other Boeing news . . . Thursday 31. of January 2008

By: Bryan Corliss

So what does Boeing's 2007 earnings call mean for your business? Well, for starters, it'll affect your top line.

The big profits in 2007 mean big bonuses for many Boeing workers - engineers, technicians and non-union employees....

Comments (0)

Jet Set
Some thoughts after the call Wednesday 30. of January 2008

By: Bryan Corliss

Interesting call, eh? I've got to go into a meeting shortly, but here are a few quick thoughts:

$9.6 billion in free cash flow - Wow. Boeing has the cash to do whatever it needs to do with the 787, 747-8, 777 and 737 follow-ons....

Comments (0)

Jet Set
Boeing reports record results Wednesday 30. of January 2008

By: Bryan Corliss

First, the good news: 2007 was a really good year for Boeing.

The company is reporting a net profit of $4.1 billion for the year, up a whopping 84 percent from 2006. On a per-share basis, earnings jumped to $5.28, up 85 percent...

Comments (0)

Jet Set
Gregoire proposes funds for aerospace apprenticeships Tuesday 29. of January 2008

By: Bryan Corliss

SEATTLE - Gov. Chris Gregoire pledged $3 million to expand aerospace apprenticeship programs in Washington, saying this morning that it's essential to continue expanding Washington's high-wage workforce.

"Now's the time not to...

Comments (0)

Jet Set
Boeing juggles backlog as Wall Street awaits report Monday 28. of January 2008

By: Bryan Corliss

Boeing will announce its year-end earnings on Wednesday. As MarketWatch notes, analysts are going to want to hear more about what Boeing's going to do about the 787 this year than they will about last year's sales successes....

Comments (0)

Jet Set
A little good news for the 787 Wednesday 23. of January 2008

By: Bryan Corliss

The 787 got a nice vote of confidence Tuesday when Air Europa - the same Air Europa that was the launch customer for Airbus' original A350 - announced it has switched to the Dreamliner instead.

The Spanish leisure carrier said...

Comments (0)

Jet Set
SPEEA hires new chief executive Tuesday 22. of January 2008

By: Bryan Corliss

The union for engineers and technicians at Boeing has gone outside the aerospace industry to pick a new chief executive.

Ray Goforth is the new executive director of the Society of Professional Engineering Employees in...

Comments (0)

Jet Set
Boeing, the Fed and Monday's global meltdown Tuesday 22. of January 2008

By: Bryan Corliss

I'll admit it -- Monday's global market sell-off had me spooked.

One of the reasons I've been bullish on the 2008 prospects for Boeing has been the strength of the global economy. Much of what I learned at business school last...

Comments (0)

Jet Set
787 supply chain starting to look like shackles Monday 21. of January 2008

By: Bryan Corliss

I got an interesting e-mail last week from a former grad school classmate who's still in New York. He wanted to know what the word was out here about last week's announcement of another 787 delay. The scuttlebutt on the Street,...

Comments (0)

Jet Set
Coffee jitters Thursday 17. of January 2008

By: Bryan Corliss

It's been a tough month for coffee company executives. Just a few weeks after Starbucks dumped CEO Jim Donald and two of his senior VPs, replacing him with co-founder Howard Schulz, Seattle-based Tully's Coffee suffered a...

Comments (0)

Jet Set
Is WaMu for sale? Thursday 17. of January 2008

By: Bryan Corliss

Now that Bank of America has swallowed up troubled mortgage lender Countrywide Financial, some people on Wall Street are banking on Seattle-based Washington Mutual being the next takeover target.

So far, it's little more than a...

Comments (0)

Latest at Washington CEO


Bryan Corliss Bryan Corliss is a senior writer at Washington CEO Magazine. He blogs about aerospace, eastern Washington and life outside the I-5 corridor. Contact him here  Blog RSS Feed

© Washington CEO Magazine 2008