Boeing COO Muilenburg expects to meet 2014 guidance


Boeing (BA -1.1%) shares recover some of the day's sizable earlier losses as COO Dennis Muilenburg says he expects the company to meet 2014 guidance; he sees 20% of annual revenues to be booked in Q1, and strong revenue and cash performance in the years ahead.

The COO remains "very confident" about Boeing's estimated $25B in deferred costs for its 787 Dreamliner, and that the deferred cost balance will begin to decline as the company hits a 12/month production rate for the jet, which Boeing has said it expects to reach in mid-2016.

Says BA is in the "second or third inning" of its cost-cutting program, and the company's efforts to lower prices it pays suppliers is likely to generate double-digit reductions in supply chain costs.

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Comments (12)
  • thomas85225
    , contributor
    Comments (552) | Send Message
     
    Correction Boeing stock is returning to Normal

     

    At the launch of the 787 program the Boeing stock was $19.77
    http://yhoo.it/1cPq1pT

     

    The 787 has yet to make a profit and Boeing paying the airlines for late delivery and other problems on the 787
    Boeing will spent 10 Billion to buy back stock (at full price) that was selling below $100,00 a years ago!
    Many of Boeing program have come to end like the Rockwell Space shuttle, Sea launch ect
    Boeing plans more cuts in region - Los Angeles Times
    articles.latimes.com/2... - Similar to Boeing plans more cuts in region - Los Angeles Times
    Nov 8, 2012 ... It will trim executive workforce 30% and sell or demolish offices in Southland. ... at its Space Exploration division in Huntington Beach as the nation's ... Boeing is consolidating its Southern California facilities, with the next ...
    The military program are coming to end, Northrop F/A-18 E &F and EA-18G, McDonnell F-15 and Douglas C-17
    The Kc-46 tanker is 900 million over budget and years going into testing and the P-8 does not perform

     

    Since 3-28-2003 Boeing has only delivery 118 787 that are full of problems and Boeing is paying millions to the Airlines, The 787 has yet to make a profit
    Since 2005 the 747-8 has 120 orders and only 64 deliveries and the 747-8 yet to make profit
    The 777-X is coming to market in 2020 too late to complete with A350 that is production, in flight test and flow at the Airshow in 2013 and 2014
    Airbus A-350 has 812 orders for the passenger’s version and 118 orders for the freighters version,
    The 777-X only has 259 orders for the passenger’s version and the freighter version has yet to be offer and is only need flying in and out of Singapore and Australia
    The program needs 27 Billions of tax payer money to build a new assembly complex in Everett Washington
    http://bit.ly/1hxnHuN
    http://cnb.cx/HVLvIe

     

    Boeing slows the pace on 777X
    seattletimes.com/html/...
    blogs.crikey.com.au/.....

     

    New Delhi: Air India has decided to sell five out of its eight Boeing 777-200LR aircraft owing to change in market dynamics due to global recession, steep increase in fuel prices and poor yields on non-stop routes, Parliament was informed today.
    Is Qatar Airways serious about no 777-X orders? | Plane Talking
    Air NZ helps explain why the 777 isn't right for Qantas - Wings ...

     

    http://bit.ly/1a1JGn5

     

    Udvar-Hazy earlier this week said the 777X needs further “design refinements” before he would consider ordering the aircraft.

     

    http://bit.ly/1a1JGn7

     

    The 737MAX, 787-10 and 777-X are still on the drawing board
    Boeing back log is 5000 commercial aircraft but at the current production rate that will be finish in 6 years

     

    Boeing has off its Manufacturing Capabilities to other aircraft companies
    Boeing sells fabrication plants

     

    http://bit.ly/KwgGM0
    40% of Boeing workforce will retire over the next five years

     

    Boeing has yet to modernize its factories with automation to meet the world need of 35,000 new aircraft over the next twenty years see:
    Boeing The Current Market Outlook see
    http://bit.ly/149p8n1
    Airbus Global Market Forecast 2012-2031 see
    http://bit.ly/11BIrJq
    Average Fleet Age for Selected Airlines see
    http://bit.ly/11BIrtb

     

    The Boeing product line is out dated the 747 was design in 1961, 737 in 1966, 757 & 767 in 1972, 777 in 1989, 737NG in 1997, 787 in 2003, 777-X 2013

     

    What does Boeing need with 747-8, 767-200, -300, -400, 777-200, -300, -8X, -9X, 787-8,-9,-10 all in the oversea market.
    Boeing has offer the 777-100 & combo at the Pair Air shown in 1995 and the 777-X twice before (Boeing did not build the double Decker 747-500 & -500 in 1997 or the Sonic Cruiser or the X-48- 797 BWB)
    http://bit.ly/12q6Kf3

     

    Boeing has offer the 777-X and 787-10 after Airbus A-350 when into production and the problems with late delivery with 747-8 of 64 deliveries in the late two years and 103 deliveries of the 787-8 in the last 10 years
    Air India and Jet Air has decided to sell five out of its eight Boeing 777-200LR aircraft owing to changes in market dynamics due to the Global recession, steep increase in fuel prices and poor yields on non-stop routes,

     

    http://bit.ly/19EVN8z

     

    Many airlines are not replacing there exist Boeing aircraft, since Boeing CEO James McNerney, and GE CEO Jeff" Immelt are member of the board on the Import-Export Bank that made better loan to foreign airlines at a lower interest rate
    Delta, and other Airline Group have file law suits against The U.S. Export-Import Bank over Air India Loan Guarantees
    http://bloom.bg/19EVNoT-
    Boeing Dreamliner Lawsuit Dismissal Upheld on Appeal - …
    http://bloom.bg/1dqrNyH...

     

    This may explained why Airbus has beaten Boeing again in 2013
    10 Mar 2014, 04:08 PM Reply Like
  • scabalqu
    , contributor
    Comments (264) | Send Message
     
    eddie, so, what's your point?
    10 Mar 2014, 07:03 PM Reply Like
  • healthythoughts
    , contributor
    Comments (2988) | Send Message
     
    fud
    10 Mar 2014, 04:30 PM Reply Like
  • HackFab
    , contributor
    Comments (1279) | Send Message
     
    I'll worry about BA, after the first 787 falls out of the sky.

     

    So far, none have.

     

    10 Mar 2014, 04:51 PM Reply Like
  • kiar97
    , contributor
    Comments (254) | Send Message
     
    Hey HackFab...

     

    I sincerely hope you are then travelling in that falling 787 plane....Ouch!!
    11 Mar 2014, 01:12 AM Reply Like
  • kiar97
    , contributor
    Comments (254) | Send Message
     
    Hey HackFab,

     

    I sincerely hope you are travelling in that falling 787...Ouch!!
    11 Mar 2014, 01:14 AM Reply Like
  • aeroguy48
    , contributor
    Comments (904) | Send Message
     
    Nice knife to the throat, thanks Thomas.
    10 Mar 2014, 05:29 PM Reply Like
  • healthythoughts
    , contributor
    Comments (2988) | Send Message
     
    Must be disgruntled former employee or shorting the stock

     

    most of your links lead to nowhere, like your comments
    10 Mar 2014, 06:28 PM Reply Like
  • kiar97
    , contributor
    Comments (254) | Send Message
     
    Hey HackFab...

     

    I sincerely hope that you are on that falling 787 BA...Ouch!!
    11 Mar 2014, 01:16 AM Reply Like
  • healthythoughts
    , contributor
    Comments (2988) | Send Message
     
    not nice
    11 Mar 2014, 09:29 AM Reply Like
  • Russ Binder
    , contributor
    Comments (2) | Send Message
     
    Got Grammar/Spelling? OK, so if Boeing is hosed, which other US manufacturer of large passenger aircraft would you choose instead? There is no shortage of other stocks, but how many in this sector besides BA?
    11 Mar 2014, 09:40 AM Reply Like
  • thomas85225
    , contributor
    Comments (552) | Send Message
     
    Boeing is a Multinational Corporation that build 70% commercial aircraft's in 70 countries and 25 states

     

    The parts and assemble for commercial aircraft are build by vendor and supplier where they are mate together in Everett,Renton and South Caroline
    12 Mar 2014, 02:50 PM Reply Like
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