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Boeing Boeing CEO Jim McNerney on Wednesday defended the company's reliance on overseas suppliers in building its 787 jetliner despite admittedly "big stutter steps," saying the new plane's innovations give the company a five-year lead over rival Airbus. McNerney said Boeing's new strategy of...
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Airlines’ cost problems could benefit Boeing, chief executive says
The Boeing Co. CEO Jim McNerney said U.S. airlines’ struggle with surging fuel prices and slowing demand ultimately might help the planemaker. Record oil prices have “sort of a double-edged impact on Boeing,” McNerney said Thursday on CNBC television. “I think it will be overall positive on us.”...
UPDATE - Boeing CEO concerned about oil, capacity cuts (at Reuters)
By Bill Rigby NEW YORK, May 21 (Reuters) - Boeing Co's (BA.N: ) chief executive is concerned that record oil prices are crimping U.S. airlines' growth but thinks the plane maker's fuel-efficient aircraft will still be in demand in the years ahead. Boeing CEO Jim McNerney's comments Wednesday at...
Can Boeing Benefit from High Oil Prices? (at BusinessWeek)
The planemaker hopes high fuel costs will drive sales of its new fuel-efficient jets. But Boeing is counting on the energy crisis to boost demand for its new generation of fuel-efficient jets, CEO James McNerney told analysts on May 21. McNerney's comments to the company's annual investor...
Hopes Rest on Dreamliner: Can Boeing Benefit from High Oil Prices?
Can Boeing Benefit from High Oil Prices? But Boeing is counting on the energy crisis to boost demand for its new generation of fuel-efficient jets, CEO James McNerney told analysts on May 21. However, Boeing projects that 10,400 replacement planes will be needed, as the world's airline fleets...
Can Boeing Benefit from High Oil Prices?
The planemaker hopes high fuel costs will drive sales of its new fuel-efficient jets. But Boeing is counting on the energy crisis to boost demand for its new generation of fuel-efficient jets, CEO James McNerney told analysts on May 21. McNerney's comments to the company's annual investor...
Boeing CEO concerned about oil, capacity cuts
By Bill Rigby NEW YORK (Reuters) - Boeing Co's (BA.N: ) chief executive is concerned that record oil prices are crimping U.S. airlines' growth but thinks the plane maker's fuel-efficient aircraft will still be in demand in the years ahead. Boeing CEO Jim McNerney's comments Wednesday at the...
Boeing CEO says concerned about oil, capacity cuts
NEW YORK, May 21 (Reuters) - Boeing Co's (BA.N: ) chief executive is concerned that record oil prices are crimping U.S. airlines' growth but reckons the plane maker's fuel-efficient planes will still be in demand in the years ahead. The comments by Boeing CEO Jim McNerney Wednesday, at the...
Boeing forges ahead on often-delayed 787
Downturn in GPS business, however, prompts 750 layoffs in S. California Despite delays of nearly 18 months with its new 787 Dreamliner airplane, Boeing Co. remains committed to its strategy of relying on major partners around the world to share the cost, risk and potential profits of new...
Boeing expected to cut 750 jobs in Southern California
Downturn in GPS business, however, prompts 750 layoffs in S. California By David Greising | Tribune correspondent Despite delays of nearly 18 months with its new 787 Dreamliner airplane, Boeing Co. remains committed to its strategy of relying on major partners around the world to share the cost,...
Boeing forges ahead on 787
Downturn in GPS business, however, prompts 750 layoffs in S. California Despite delays of nearly 18 months with its new 787 Dreamliner airplane, Boeing Co. remains committed to its strategy of relying on major partners around the world to share the cost, risk and potential profits of new...
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