Boeing 2Q earnings call recap

Here are highlights from today’s Boeing’s second quarter earnings call. Jim McNerney (JM), CEO Greg Smith (GS), CFO JM: We are working closely with UK investigators on Ethiopian Airlines 787 ELT fire. In anticipation of planned action by… Read More

Paris Air Show, Day 2

To us the biggest news coming out of Day 2 was not the launch of the Boeing 787-10–this was widely expected–but the suggestion by Boeing CEO Jim McNerney that he might seek a waiver to the mandatory age… Read More

McNerney may seek retirement waiver: our view

Boeing’s Jim McNerney may seek a waiver to the mandatory retirement age of 65–he’s 64 this year–to continue as chairman and CEO. As soon as the news was out, we got a call from one Wall Street analyst… Read More

“We’ll be in a constant state of development for the next 10 years:” Boeing’s Fancher

Boeing may not be designing new airplanes to replace the 737 NG or the 777 family, but the head of Airplane Development says Boeing employees will be busy just the same. “We’re going to be in a constant… Read More

Odds and Ends: Airbus will “win” the Air Show; AvWeek’s McNerney interview; 747-8 vs 747-400

Airbus will “win” the air show: We did this preview for CNN International. Jim McNerney Interview: Aviation Week has this long one. Dominic Gates of The Seattle Times will be blogging from the Paris Air Show. You can… Read More

Odds and Ends: Airbus, Boeing trade barbs–again; Airbus raises order goals; first 787-10 commitment

More tit-for-tat: Airbus and Boeing are engaged again in their pointless trading of barbs. But it makes for entertaining reading. Here’s what Boeing had to say. The relevant excerpt is from the Bloomberg report: Airbus doesn’t “have an… Read More

Boeing’s McNerney: Interest in 787-10, 777X high; “our airplanes are better than theirs”

Boeing held an investors’ conference today that began at zero dark thirty PDT, so we weren’t up to listen to the webcast. The PDF presentations are here. According to news reports, McNerney said interest in the forthcoming 787-10… Read More

United returns 787 to service today; WSJ points to other issues

United Airlines is the latest carrier to return the Boeing 787 to service today, on a route from Houston to Chicago. UAL CEO Jeff Smisek is joined by Boeing CEO Jim McNerney on the flight. Meantime, the Wall… Read More

Odds and Ends: $500k per plane to fix 787, says FAA; China’s Airbus order

Cost of 787 fix: It will cost nearly $500,000 per aircraft to install the battery fix in the Boeing 787, documents released by the Federal Aviation Administration indicate. The actual math is $466,666. Analysts believe the 787 grounding… Read More

Odds and Ends: Boeing helps create new competitor; Home for the 777X; CSeries backlog

Mitsubishi MRJ: The Seattle Times has this profile of the Mitsubishi MRJ and Japan’s emerging role in global aerospace. What particularly struck us was the narration about the benefits Mitsubishi gained from Boeing in designing and building airplanes…. Read More