Boeing (BA) and the Speea union, which represents 23K engineers and technical workers at the...


Boeing (BA) and the Speea union, which represents 23K engineers and technical workers at the company, suspend negotiations over a new contract until 2013 following a request from federal mediators amid an impasse in the talks. Speea earlier this week made moves to prevent a wildcat strike that was due for yesterday, but has encouraged engineers to refuse voluntary overtime and to "work to rule."

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Comments (6)
  • bgutschemd
    , contributor
    Comments (2) | Send Message
     
    Boeing and its employees now have a chance to make many sales and bring profit to themselves and the US. This is no time for the engineers to hinder Boeing's chance to increase its sales nor for management to be greedy. Simply give a portion of the profits for the year to the employees as a bonus while a reasonable contract is obtained. This will encourage the workers to be as productive as possible as they will be rewarded for their efforts. As a stock holder in Boeing, I sure as hell would rather see my dividends somewhat lower than I would to see the company lose business due to loss of business.

     

    Brett Gutsche
    6 Dec 2012, 01:17 PM Reply Like
  • thomas85225
    , contributor
    Comments (552) | Send Message
     
    How does your comment make sale for Boeing ?
    Boeing has yet to paid back the supplers since all program at Boeing are RISK SHARING
    South Caroline has given Vought now Boeing 860 millions in tax break the list go on

     

    The 748-8 has cost Boeing 2.4 Billion and 787 is well over 32 billions
    Jim Albaugh got 57 millions to leave Boeing

     

    Boeing has had only a few new orders this year’s except for the 737max
    The KC-46 has gone over budget before the first has been build
    Boeing stock in 2005 was $105 now its $73.98 with a Dividend (Yield) $1.76

     

    Boeing has plenty of sale ! but only a handful of delivery!
    38 787 have been delivery in the last 42 months that have engineering , design, workmanship, a lack of leadership problems that well document in the press
    Boeing has delivery 31 747-8 in the last 24 months that are two years late and 2.4 Billion over budget
    Boeing sold 850 787 before its build the first aircraft, before its issues contacts to the supplier, build a plant to assembly the 787 the list go on !
    Boeing said it would assembly ONE 787 every THREE days !
    Boeing should have delivery 300-425 787 aircraft to date
    Boeing has spent 32 Billion on the first 40 787 that will not make a profit for 10 to 20 years
    There 787 now has over 114 cancellation, Lion airline and united airline are now looking at the Airbus A350
    Gulf Air said on Monday a new deal with Boeing meant its order for widebody 787s had been cut to 12-16 aircraft from the 24 ordered earlier.
    Boeing lost a major customer for its new 787, with China Eastern Airlines canceling its order for 24 of the long-delayed planes after saying it has waited long enough.
    Boeing is now writing late fee check, and performance short check on the 747-8 and 787-8
    United Airlines is not the only one that has had to wait for the new plane. The list includes Air India, China Southern Airlines, Japan Airlines and Qantas, at least. Bloomberg reported that:
    Qantas will get $433 million from Boeing, including more than $300 million compensation for 787 delays and a refund of deposits for the canceled order, Chief Financial Official Gareth Evans said today at a press briefing.
    So, shareholders have suffered as well. It is part of a pattern that has many of those who hold Boeing shares underwater. Over the past five years, Boeing’s stock is off about 25% while the S&P has dipped less than 5%.
    http://bit.ly/ZF5xuQ
    6 Dec 2012, 05:23 PM Reply Like
  • petten
    , contributor
    Comments (121) | Send Message
     
    The union's demand is surely on the greedy side of the scale; it's not sustainable, taking into consideration of the already relatively high wage levels in that area and the fierce and forthcoming competitive threats.

     

    BA stock price has gone nowhere for quite a while. Boeing cannot afford to give much more ground than their very reasonable (and comparatively generous) offer of raise around 4%; otherwise, they'll disappoint share holders big.
    6 Dec 2012, 02:45 PM Reply Like
  • thomas85225
    , contributor
    Comments (552) | Send Message
     
    Speea has little to barging with!
    In the last 40 years Boeing has off load the building of commercial aircraft into 70 countries ans 26 states
    What Speea need to do:
    1. Request another four years contact for with a No laid off clause for its memberships
    2. Cost of living adjustment COA (that Speea give away years ago)
    3. Parking spots for its memberships

     

    What Boeing need to do:
    1. Is to Laid off 30% of Speea workforce aka the Lazy-B and used the 5% of their salary for raises for the remaining Speea workforce and the other 25% for management bonuses
    2. With 30% of Speea workforce laid off this should fix the Parking problems
    A Win-Win for both sides

     

    There are over 35,000 Boeing Defense and Space workers that are being laid off that Boeing can be transfer to Seattle
    Speea has little to barging with since the 747,737NC & MAX , 777, 767, and 787 are RISH SHARING PROGRAM build by others other aerospace company vendors and suppliers that been off loaded into 70 counties and 25 states that only assemble in Renton and Everett. see Manufacturing and suppliers

     

    http://bit.ly/PXuElX

     

    Speea has yet to organize other Boeing location in the United Stated and only 13% of Boeing belongs to Speea in four states
    The 767, 747-8, 777-200, -300 and freighter, has had no new customs so there little for the Speea Prof and Tech to do on these programs
    The 777-X is still unofficial, 787-10 is still under review and, the 787-9 is in production at line number 126
    The former Vought plant in south Caroline with its 480 wide assembly bays is being expanding again by 63% and Boeing own 380 across the road from the plant that yet to be delovepment for program like 777-X
    The KC-46 will have a one year’s work package but the program is over budget and will be cut by 57% in 2013
    The 787-8 is 3.5 years behind schedule, 32 Billions spent on the first 40 aircrafts

     

    United Airlines is not the only one that has had to wait for the new plane. The list includes Air India, China Southern Airlines, Japan Airlines and Qantas, at least. Bloomberg reported that: Qantas will get $433 million from Boeing, including more than $300 million compensation for 787 delays and a refund of deposits for the canceled order

     

    The 787 is still being canceling by the airlines

     

    http://reut.rs/SBvYyA

     

    Gulf Air, Bahrain's has cut its order for Boeing's Dreamliner

     

    http://reut.rs/TI5YDI

     

    http://bit.ly/ZF5xuQ

     

    Former Boeing Chairman Frank Shrontz once told shook business and government leaders with the warning that Puget Sound could turn into ``an aerospace rust belt,'' if they didn't help Boeing stay competitive.

     

    Our labor costs in Washington are among the highest in the nation,'' she said. ``When you add it up, it's not the best environment for business.''

     

    All this has been outline in following reporters

     

    Washington Council on aerospace - Washington State Legislature

     

    http://1.usa.gov/TI5ZYt

     

    Washington Aerospace Partnership Aerospace Competitiveness Study
    http://bit.ly/SBw1dC

     

    The Union at Boeing in Seattle has done a great job a drive thru Boeing Renton, should be self explanatory alone with the 70% of commercial that been off loaded
    All salary, raises, bones should be base on delivery
    31 deliveries for 747 in the last 24 months, 38 delivery for 787 in the last 3.5 years
    6 Dec 2012, 06:03 PM Reply Like
  • Davehi
    , contributor
    Comments (4) | Send Message
     
    Why do most of these posts read like hastily conceived gibberish? When did the proper use of grammar, idiom and tense fall away from common writing? Are the majority of you actually as poorly educated as your poorly spelled and generally idiotic rants would lead us to believe? Where is the voice of someone with a cool head, common sense and the ability to string words together into a proper sentence? If you've read this far, then please do the rest of us a favor and use your Spell-Checker, do a proof-read and most of all, think twice before hitting the "Publish" button. Thanks.
    Oh, by the way, I am a SPEEA Tech and most of you people are terribly misinformed. If you are curious as to why I say that, please ask and I will tell you what the reality of this negotiation is and why it is important to you. Thanks.
    7 Dec 2012, 02:55 AM Reply Like
  • thomas85225
    , contributor
    Comments (552) | Send Message
     
    I am a SPEEA Tech and most of you people are terribly misinformed.
    No you are ! read the history file at the seattle times !
    or the headline in the world press

     

    that why the stock was $105 in 2005 and now $74.64

     

    you are a Speea tech I sorry, you should have joint TEDS
    have read you read EEOC 70-402 ask speea for a copy

     

    http://bit.ly/Vt8KZF

     

    **********************...

     

    Analyst says the Boeing 747 and 787 'teething pains' are normal for new aircraft (only in seattle )

     

    That was not what the press was saying about the DC-10 in the 1970's
    Boeing has been building aircraft since 1916 the 737-700 had problems in 1997 ,but the 777 did have the 787 problems

     

    The lazy-B call this This phenomenon is known as a learning curve, Manufacturer learns how to do things better and faster as they move further along in production.
    May be for Boeing but in California is call the Lemon laws
    the FAA call it’s a fine
    The real world known this as The lazy-b will assemble no aircrafts before its whine
    The airline call its cancellation of their orders or time to stop believing in Boeing BS and buy from Airbus
    That why aircraft program have a 18 to 24 months flight test programs
    http://bit.ly/QNPgSM

     

    United Said to Study Biggest Airbus A350 to Replace 747s

     

    http://bloom.bg/UjGvfg

     

    **********************... Humilation for Boeing
    Posted: October 31, 2012 at 6:18 am
    The humiliation of ongoing delays in the delivery of the Boeing Co. (NYSE: BA) 787 continues to dog the huge manufacturer. It has decided to adopt a marketing campaign that might turn investor and public eyes away from its troubles, like the setback it announced for a delivery to United Continental Holdings Inc. (NYSE: UAL). But the trick will not work.
    According to Reuters:
    The delay, while short, is another missed date for the 787 program which was delayed for nearly 3-1/2 years to address quality problems with the jet that uses substantial amounts of lightweight composite materials to replace aluminum in the fuselage and wings.
    At the heart of Boeing’s new marketing campaign is a list of advantages of its 787, the same plane that as suffered a seemingly infinite number of delays.
    The 787 Dreamliner will use 20% less fuel on comparable missions than other airlines in its class.
    Boeing’s marketing staff has avoided the mention of other 787 troubles, which is why the call it a marketing campaign. It puts Boeing in the best light possible while avoiding its flaws. Boeing hopes that as it trumpets its track record of innovation, that the 787 delays will melt away, at least as far as customers and investors are concerned.
    United Airlines is not the only one that has had to wait for the new plane. The list includes Air India, China Southern Airlines, Japan Airlines and Qantas, at least. Bloomberg reported that:Qantas will get $433 million from Boeing, including more than $300 million compensation for 787 delays and a refund of deposits for the canceled order, Chief Financial Official Gareth Evans said today at a press briefing.
    So, shareholders have suffered as well. It is part of a pattern that has many of those who hold Boeing shares underwater. Over the past five years, Boeing’s stock is off about 25% while the S&P has dipped less than 5%.
    The 787 Dreamliner saga will be remembered as one of the greatest debacles in the history of modern manufacturing. But the jet gets more miles per gallon that much of its competition, and the people who built it are smart, according to Boeing. Except when on-time arrival is at stake.
    Douglas A. McIntyre
    http://bit.ly/ZF5xuQ
    7 Dec 2012, 05:17 PM Reply Like
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