Leeham News and Analysis
There's more to real news than a news release.
IAM International president Buffenbarger rallied against pension cuts at Boeing’s IAM 837 District
IAM International President Tom Buffenbarger advocates that IAM 751 approve a contract from Boeing that freezes current pensions and adopts a 401(k) style pension for future hires. Yet Buffenbarger advocated to IAM 837 (the union District at Boeing’s… Read More
IAM International to force vote over 751 objections on Boeing contract offer (via Seattle Times)
Update, 3:30pm PST: IAM 751 leaders have come out opposed to ratifying the contract. This, and a response to Ray Conner’s earlier email, is below the jump, reprinted here. (There is no unique link.) Original Post: The Seattle… Read More
Boeing 777X RFP considerations
We obtained a copy of Boeing’s Request for Proposal documents. Much of the information contained therein has already been reported. You may link to these news articles here. As with previous inquiries, Boeing spokesman Doug Alder declined to… Read More
Boeing and the “cash cow”
As The World Waits (or those of us in the USA, anyway) for Boeing to decide where it will assemble the 777X, it might be worth returning to a 2010 study by the Institute for Wisconsin’s Future about… Read More
Odds and Ends: AirAsiaX orders A333; WA and Airbus; Boeing names COO
AirAsiaX orders A330-300s: As forecast earlier this week, the budget carrier ordered 25 Airbus A330-300s. According to reports, AirAsiaX may not be done. Group CEO Tony Fernandes wants Airbus to develop an A330neo. Stay tuned. Washington State and… Read More
Boeing Board OKs $10bn stock buyback, 50% hike in dividends in move sure to anger IAM members (Updated)
Update, 10 pm PST: IAM 751 gave us its reaction; it’s at the bottom of this post. Original Post: At a time where feelings are running raw with IAM 751 members, the Boeing Board of Directors authorized a… Read More
In focus: the 777 Classic
This week we take a look at the Boeing 777 Classic primary and secondary markets as a follow-on to our report last week in advance of the A340 Summit hosted by Airbus, Rolls-Royce and CFM International with additional… Read More
IAM 751 issues analysis of Boeing contract offer
IAM 751 issued an analysis of Boeing’s most recent contract offer and of the contract that was rejected in a November 13 vote. 751’s president, Tom Wroblewski, accompanied the analysis with a message to members. This is below… Read More
IAM 751’s president issues message to members: here’s why you can’t vote
Update, 11 am PST: Boeing’s Doug Alder just sent us this statement: The union leadership rejected Boeing’s best and final counterproposal. Boeing did not withdraw its counterproposal, nor was there any need to do so, because the counterproposal was… Read More