BigDUSA

Boeing Says Temporary 787 Line In Everett Could Become More Permanent kirotv.com Webstaff Twitter | Facebook Posted: 12:42 pm PST February 3, 2011 EVERETT, Washington -- Boeing has hinted that its temporary 787 line in Everett could become more permanent if the company is able to up its production beyond its supply goals, KIRO 7 news partner The Dailiy Herald in Everett reported Thursday. Boeing President Jim Albaugh said the company could increase 787 production to 15 planes monthly with its plants in Everett and South Carolina, but that rate would require some problems to be ironed out in its global supply chain. Boeing has yet to deliver any 787s because of problems in its supply chain, which ship sections of the 787 to Everett for final assembly. QUOTE

You are naive.

Your surprised corporations would spin the ruling to their own advantage?

Twenty billion in illegal subsidies. Damn the EU taxpayer must feel like finally the is over.

I spent many a afternoon at the Alamo Bar on soi 8. Gary the owner held court almost every day. He was a lot of fun. Good group of BG. The oldest BG in Pattaya worked there. She was 50 y/o and had a body a 18 y/o would have been proud of.

The question to ask is when does the contract with the agent is finished. BTW you could place and ad in the local paper and see what develops.

When I was in town last year, I know a number of guys who own property and they were telling me how hard it was to rent out their property. Given the almost world wide recession and the lack of guys visiting Pattaya. I figure the rental market hasn't changed all that much.

It's a buyers market in Pattaya. Loads of quality homes for rent. Many for rent signs in various gated communities. Do you have a car?

Interesting post but this forum not about the real Thailand. It's about Pattaya and getting laid by prostitutes. I see your point but I and many other guys come here to party. Have fun, drink and get laid.

If you live in Pattaya do you really need a car or truck to get around. If I lived in the city, I'd use public transportation and rent a car when needed.

You need to get out more. There's a huge market for used 737. Someone is trading them in. Goggle is your friend. Use it.

I see your point but many of the items mentioned are a one time purchase and if you look around many of these can be purchased used.

One could say the same about the Airbus A380. Years late, overweight, over budget and last but not least inferior engines provided by Rolls Royce.

You can live very well in Pattaya on 30K USD per year. Rental condo are cheap. Food is cheap, beer is cheap and so are the girls. Enjoy your stay.

The ad slogan "new and improved" comes to mind. Companies world wide have moved billions of products based on that slogan.

I agree a 8 hours layover is a hassle but does the airport have a transit hotel on the property where you can rent a small room by the hour? I've used one in the Singapore airport and it worked well.

Barrief, WOW. What a heartfelt post.

My wife is a RN who worked for a couple of years at one of our local prisons. She told me today that 10% of the prison population had HIV/AIDS. I take the following precautions. As soon as I finish I wash my dick with a baby wipe and take a leak. If I've gone down on the girl. I rinse my mouth with Listerine.

By Julie Johnsson, Tribune reporter January 27, 2011 Boeing Co. expects to deliver at least 25 of its delay-prone 787 Dreamliner and 747-8 jumbo jets this year, but it doesn't anticipate that the planes will give any near-term lift to its financial results. Production cost overruns and penalty payments to pacify airline customers mean Boeing won't make money off those deliveries, executives said during a quarterly earnings call Wednesday, acknowledging concern about the overall profitability of the best-selling Dreamliner. But first, the Chicago-based aerospace manufacturer will have to complete flight testing on both jets and hope that it won't suffer other setbacks that will push the initial 747-8 delivery past its midsummer target or cause the 787 to miss its third-quarter launch date, announced earlier this month. The 787, running years behind schedule and plagued by design, production and software glitches, has been a drag on Boeing's earnings in recent years and is expected to continue to affect results through 2011. Boeing has kept design work on the plane's 787-9 derivative in-house, reverting to a more traditional approach that places less responsibility with suppliers, executives said. The missed deadlines and three-year delay will cause the inventory of completed 787-8s to bulge to about $12 billion by year's end. Workers are completing the 31st Dreamliner, Boeing CEO Jim McNerney said. But Boeing still needs to address problems with the first 20 to 25 Dreamliners, ranging from software that caused the plane's power system to fail during an onboard fire in November to condensation buildup that causes a phenomenon known as "rain in the plane." The company's elaborate supply chain is finally getting in gear, McNerney said, and 787 components recently shipped to its Everett, Wash., factory require less input from Boeing's machinists. As first reported by the Tribune, Boeing plans to provide its first customers with planes completed later in the production schedule that already have many of the design fixes that were unearthed during testing. Boeing said it would deliver 25 to 40 of the 787 and 747-8 aircraft this year, with the total evenly divided between the two programs. Since plane-makers receive the bulk of aircraft payments once planes arrive, the deliveries would propel full-year 2011 revenues to $68 billion to $71 billion. Even so, Boeing anticipates its net income would decline to $3.80 to $4 per share. Shareholders weren't thrilled at the news. Boeing's shares ended Wednesday at $70.02, down 3 percent. Boeing reported a fourth-quarter profit of $1.2 billion, or $1.56 per share, on revenue of $16.6 billion, besting the $1.11-per-share results analysts had projected. Net income for the full year was $3.3 billion, or $4.45 per share, on revenue of $64.3 billion. jjohnsson@tribune.com QUOTE

Good luck and Americans like cheese.

No problem on my part. Your forum, your rules.

How about the same for me? Whats good for one guy should be good for all. Unless your into double standards?

How about the same for me? Whats good for one guy should be good for all.

Jan. 25 (Bloomberg) -- Boeing Co. ended 2010 with delays for its two marquee jets, upheaval in its $35 billion tanker bid and a canceled defense contract. The same year, the shares almost doubled the gain in the Dow Jones Industrial Average. Even with a likely drop in quarterly profit tomorrow, investors are looking past setbacks on the 787 Dreamliner and 747-8 and positioning themselves to benefit from the planes’ entry into service, said David Rowlett, an analyst at T. Rowe Price Group Inc., which owns 7.1 million Boeing shares. Boeing’s outlook is “very positive” once deliveries begin for the 787, now more than three years behind schedule, he said. Demand for the 737 and 777, which produce most of the company’s commercial-jet revenue, has been so strong that Chicago-based Boeing plans to boost output through 2013 to record levels. “People generally want to own the stock,” Rowlett said in an interview. “The 787 situation has been no doubt frustrating, but investors don’t want to hold grudges about past mistakes too long when a stock offers enough upside going forward.” Adjusted fourth-quarter earnings may be $1.11 a share, down from $1.79 a year earlier, the average of 22 estimates compiled by Bloomberg. Full-year net income probably more than doubled to $2.99 billion, based on analysts’ projections, as improved production helped Boeing avoid financial charges for its delays. Boeing fell 49 cents to $72.24 at 4:01 p.m. in New York Stock Exchange composite trading. The shares have jumped 25 percent in the past 12 months, and their 21 percent climb in 2010 beat the Dow’s 11 percent. Dreamliner Focus While the latest variant of Boeing’s 747 jumbo jet also is running a year and a half late, attention among analysts and within the industry has focused on the Dreamliner, the first jetliner built chiefly from plastic composites. It is Boeing’s best-selling new aircraft, with 847 advance orders. “You’ve got a large, troubled development program that’s the primary concern, and it’s a big overhang on the stock,” Rowlett said. “At some point the 787 will get delivered and production will ramp up. Investors want to be there when that happens. That’s what keeps them interested.” Boeing offers the industry’s best potential gains in 2011, provided the 787 arrives as promised, said Ken Herbert of Wedbush Securities in San Francisco, who is among 20 analysts who recommend buying the stock. Eight say hold and two say sell. After the first delivery of each new model in the past two decades, Boeing outperformed the Standard & Poor’s 500 Index by an average of 8.1 percent three months later, Herbert said in an interview. Boeing’s advantage rose to 14 percent a year after each new jet’s debut. Scarcity Value “Scarcity value” also compels investors to stick with Boeing, Herbert and Rowlett said. Only a handful of U.S. aerospace companies have a market value topping $10 billion, including Boeing, Precision Castparts Corp. and Goodrich Corp. That means options are limited for funds that invest only in large companies and want to buy aerospace shares, Rowlett said. The S&P 500 Aerospace & Defense Index has risen 20 percent in the past 12 months. “We are approaching an up cycle, and if you want to get in the middle of that, now’s the right time to do it,” said Clay Jones, chief executive officer of cockpit-controls maker Rockwell Collins Inc., a Boeing supplier. In October, Boeing said 2010 earnings would more than double to as much as $4 a share on sales that may reach $65.5 billion. Boeing’s orders more than tripled in 2010, swelling its backlog to 7 1/2 years, as demand recovered from the recession. Aerospace Cycle “If Boeing can, for once, avoid further problems on the 787 and enjoy the fruits of this aerospace cycle, that’s what investors are buying into,” Rob Stallard, an RBC Capital Markets analyst in New York who recommends buying the stock, said in an interview. Challenges remain for Boeing, which faces a “difficult” time with its defense business as the U.S. government scales back spending, Douglas Harned, a Sanford C. Bernstein & Co. analyst in New York, wrote in a note yesterday. He rates the shares as “market perform.” The Air Force still hasn’t decided between Boeing and European Aeronautic, Defence & Space Co. for its new aerial tanker, and the Senate Armed Services Committee plans a Jan. 27 hearing into the service’s inadvertent disclosure of each rival’s bid data late last year. The Department of Homeland Security canceled Boeing’s SBInet “virtual fence” program for the U.S.-Mexico border, and lawmakers said in a Jan. 12 report that Boeing’s battlefield communications system for the Army is expensive and unreliable. New Timetable Shareholders got better news on Jan. 18, when Boeing unveiled the new timetable for the Dreamliner’s first delivery after a Nov. 9 fire grounded the six-plane test fleet and forced engineering changes. The latest reverse shouldn’t hurt 2010 earnings, Boeing said. The stock rose 3.4 percent amid investors’ relief that the latest delay only amounted to a six-month postponement, to the third quarter. The original target was May 2008. “The 787 has been a wild card for many of us for a long time,” said Jones, the Rockwell Collins CEO. “Ultimately the plane will be built, and when it does, it will be a positive to the company and will relieve the negative burden that has weighed on it. As you get toward the finish line, it boosts investor confidence.” QUOTE

Excellent point!!