Yellowhair148

Modeling Boeing's Share Price

I do believe that BA has a management credibility problem. One week before the latest delay the TOP Leadership in Paris for the airshow said that the 787 could fly then if they wanted it to. They had to know of the problem and still deceived shareholders and the public anyway. The CEO and the other CEO's formerly from GE (Immelt, Nardelli HD Chrysler, Mcnerney MMM and Stonecipher MDC had BA reigns prior) seem to have a large problem with credibility and shareholder value. IMHO BA missed the boat terribly when they let a true airplane guy (Mulally) get away. The current crop of CEO's from GE seem to be considerably more concerned about their own wealth not the investors. They also seem to have a problem with the reliable information. I think that we are not done seeing delays on the 787. Outsourcing almost the entire aircraft at this point looks to be a total disaster. The fact that they are buying Vought facilities says that it may be spinning out of control and ramping up could be a problem.

For Airplane Makers, The Sky Is Falling

<Chris B. said:There's also the risk that they will all emerge from this financially crippled and the new Chinese aviation companies will be the only ones with capital.>

And Boeing, Airbus, McDonnell Douglas, Bombardier and Embraer can only blame themselves for the transfer of technology and knowledge to be able to do it. The Chinese and Japanese would not have figured out the wing box without their help.

Boeing Strike Seems More Like Corporate Terrorism

You are obviously not getting paid for this article that is making me think that it had to have been written by Adlph Hitler himself. I would imagine that you would be happy if we were all treated like Wal-mart workers (see the lawsuits against them). Did you ever consider moving to communist China? Maybe with a view of the square? Your article is not only offending to hard working Americans it is taking away any freedoms that we have earned. You would be totally in glee if we would all kneel at the corporate alter.
Please don't look for that to happen any time soon.

5 Key Quotes from US Airways on the Airline Industry

Hey Dr.M. Do you even know what type of aircraft you were on? Remember also you can fly on the best made by USA union workers or you can fly on a plane built by EU union workers in the 100+ seat catagory. These are your only choices. Maybe a nice pair of Nike's would be better for you and just walk!!!!!!!!!!!

Boeing Cleared for Takeoff

pas,
It has nothing to do with sour grapes. These facts were out there and anyone paying attention knew about them. Do you think that taking work away from P&W after a fair competition, not selling to Spirit and blocking C-17 sales to NATO was fair? And should we reward them with taxpayer dollars for doing so? I think not. Would you call all the protests that have been launched against contracts that Boeing won sour grapes? CSARX- KC135 mainteance. You can say Boeing lost but did John McCain help in that loss? He wrote the letters and sent the e-mails altering the requirements. Was this a fair competition with these new requirements? And if it was, did Boeing Management go in with a bravado attitude that ultimately did them in? It sounds like that is what hurt them in the UK competition.
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www.businessweek.com/g...
From the above article:
Although each of these deals had unique elements, taken together they foreshadowed some of the difficulties Boeing now faces in the U.S. As a hungry newcomer, EADS was more willing to make concessions to win customers. For example, in Britain it agreed to assume much of the financial risk in building the planes, and then lease them to the government.

Boeing, accustomed to traditional procurement contracts, never offered such an arrangement, consultant Beaver says. The U.S. aerospace giant had worked on other British military programs, notably the C-17 transport plane, "which was handled by a different part of Boeing and has been very successful because they understood the culture," Beaver says. But "the tanker people appeared not to understand the British market."
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Actually one of my favorite sayings is:
Hey there upper management. Remember that speech that you gave your employees about this being a GLOBAL MARKET. Just before you laid them off. Well dig out that speech (you will find it in the bottom left drawer under all your junk food). Go into the men's room where ther is plenty of light and a big mirror (don't forget your glasses). Now read that speech to yourself because you have just been outssourced in this global economy!

Boeing Cleared for Takeoff

Let's start by looking what our friends (EADS & EU) have done for the U.S. lately:
The French & German governments used their VETO power in NATO to stop Boeing from selling C-17's to the peace keeping forces because they are selling NATO A400M's.

Speaking of A400M's. Pratt & Whitney won a fair competition to build the engines for that airframe. The French government stepped in and said OH NO those engines WILL be built by a French Company leading to a 2 year delay and stripping P&W from a lucrative contract.

When Airbus was going to sell 6 of their factories the EU stepped in and stopped Spirit AeroSystems from being able to purchase any of those factories. They want them sold to European companies.

Where will the profits go? That's right Europe. Where will the technology transfer go to? That's right Europe. Those barrel sections will be stuffed with everything that was done in- that right Europe. The politicians have put a nice bow on this package but the truth is if the mount of USA JOBS was real EADS would not be talking about moving work out of the EURO-ZONE!!!!!!!!!!


CAN YOU SAY PROTECTIONISM!!!!!!!!!...

Now it is time to look into the politics that involved EADS and their partner by name only Northrup Grumman and the gift that was given to them.

Mr. McCain did not want to allow the subsidy decision or risk of that decision to be mentioned. They are already subsized by their government in the for of non-repayable loans if the plane doesn't make a profit (can you say A380 it will take@ 400 planes to be profitable. With less than 200 planes on order I do't see this loan being repayed. The same can be said of the A340-500 & -600. Nothing like free money.

This is a company from Europe, yes there will be a final assembly plant in Alabama (and Alabama workers have proved to be a skilled workforce) but just how much work will be done there. They state that there will be 1000 jobs for the Tanker & 300 jobs for the freighter. The rest of the jobs that they tout are already in the supplier base and will not create NEW JOBS just sustain old ones.

We talk about the scandal from the original tanker deal. The people that were involved in that went to prison and the CEO resigned. In this scandal we have John "Anti-Boeing" McCain making phone calls and sending e-mails so that the requirements for the KC-X will be changed to allow EADS to bid. Let's not talk about the 4 staffers that worked for companies that lobbied the Senate, Congress and Pentagon on EADS behalf. These people lobbied for EADS and are currently on McCain's Presidential Election staff. His finance chairman is still working for the lobby company that is lobbying for EADS AND working for McCain at the same time. No conflict there!!!!

McCain brags on the campaign trail how he saved the taxpayers billions of dollars. I don't see it and he isn't showing any true numbers. The original deal was 100 tankers for 20 billion dollars. That works out to 200 million a copy. The new deal is 179 tankers for 40 billion. That works out to 223 million a copy. I see a 10% increase in the cost. In the original deal our warfighters would already be getting some of those planes. Who knows when they will get them under the new deal

McCain has been extremely negative about letting the Air Force buy more C-17's when the military truly needs them. Our troops will wait for a C-17 to be available rather than use a C-5 because they are unreliable. The Air Force has to have 2 C-5's available for any one mission because of reliability The Air force has to make sure that they can do what's necessary. Putting new engines on the old warhorses is not the solution. Making the best of the C-5's airworthy and buying NEW C-17's is the only reasonable answer. Even the C-17's have more hours on them than they were suppose to at this time in their life span and some of them should be replaced. If we shut down the C-17 line in Long Beach and find out that we do need more airlift who are we going to have build them? The French? We must keep this line alive!!!!!!

How do you reward the EU for all their protectionism and down right dislike for the USA??????????

GIVE THEM A 40 BILLION DOLLAR CONTRACT............TH... HOW

A country that doesn't produce/manufacture durable goods ........
WELL IT JUST CANNOT EXIST

Where will the profits go? That's right Europe. Where will the technology transfer go to? That's right Europe. Those barrel sections will be stuffed with everything that was done in- that right Europe. The politicians have put a nice bow on this package but the truth is if the mount of USA JOBS was real EADS would not be talking about moving work out of the EURO-ZONE!!!!!!!!!!