Gordon42

Wall Street Breakfast: Must-Know News

The recession is only just beginning and the Big Three automakers and their unions are already calling for bailouts. What are they going to be saying late in what looks to be a long deep recession. Bankrupcy may be the only solution.

Boeing: Intrinsically Undervalued

Yes, but it is not total sales that matter; rather it is profit. And there won't be much of that with Airbus squezing Boeing on price and the unions killing Boeing on cost.


On Nov 10 09:22 PM User 295433 wrote:

> Boeing Commercial, half of the Boeing Company's revenue stream has
> a current backorder of around $ 275 billion. These deliveries will
> be spread out over more than 8 years. The company is agressively
> pursuing lean priinciples to increase margins. The new models have
> 20% effiency gains over previous which will make the difference whether
> some operators stay in business. The airlines can't afford NOT to
> buy the airplanes. Looking forward two years in this industry you
> will see nothing of the true picture

Boeing Heading the Way of GM?

Boeing is being crushed between a subsidized Airbus and shortsighted unions. While Boeing can survive by staying in Washington state, the only way it can really flourish is to move to some other state where employees are less demanding and more easily satisfied.

The Test of Wills at Boeing

I've read the comments above and those on other blogs and conclude that there is far too much heat and far too little light. Obviously, Boeing, like all businesses, wants to maximize profit and unions want to maximize wages, benefits and security. That's the way it is and always will be. Complaining about that fact may make one feel good, but it doesn't lead anywhere. Moreover, it contributes to an environment that hurts both Boeing and workers. What seems to be missing from the discussions I've seen is what are the prevailing wage and benefits around the country for workers similarly skilled as those at Boeing. Given Boeing's success, it would seem its workers should expect to be paid somewhere near the top of that range.