Hints and tips:
...The union is pursuing a 40 per cent pay rise over three years as part of its contract negotiations, as well as seeking to have Boeing’s next new plane built in Washington state....
...The head of Airbus has said the group “might need some support” from European governments for a new, multibillion-dollar commercial aircraft programme as it gears up for a successor to its best-selling A320...
...US rival Boeing....
...A shift in culture after Boeing bought McDonnell Douglas in 1997 put financial returns ahead of engineering prowess....
...Boeing needs to be an engineering and manufacturing-driven company. The 1997 reverse merger with McDonnell Douglas put profit and cost controls above all else....
...Pope grew up in a suburb of St Louis, Missouri, and her father worked for 30 years at aerospace manufacturer McDonnell Douglas, where he started as a mechanic....
...There are lots of signs that Boeing had become insular in this way, he says, going back to the merger with McDonnell Douglas in 1997....
...Boeing benchmarks executive pay against packages at other big US companies such as ExxonMobil....
...The case in point here is Boeing, which was allowed to purchase the only other US domestic producer of commercial aircraft, McDonnell Douglas, in 1997....
...Boeing is likely to want a younger successor to allow him or her to stay in the job for a decade, Arment said. That could give an edge to Pope or Gitlin, who are in their early 50s....
...That goes back to its unhappy 1996 merger with McDonnell Douglas, which broadened its scope from commercial aircraft into defence and unleashed the mantra of shareholder value....
...The company has had to slow production of the 737 Max as it sought to resolve manufacturing flaws and some airlines have had to amend their flight schedules because of delays in deliveries of Boeing aircraft...
...Your profile of Dave Calhoun, Boeing’s chief executive, described his chequered record as Boeing’s leader but did not dig sufficiently deeply into his longer-term relationship with Boeing to explain his...
...When Dave Calhoun took over as Boeing’s chief executive in January 2020, the company was in crisis....
...Some long-term Boeing watchers worry that the company’s engineering-driven culture has still not fully recovered from a merger completed in 1997 with aerospace company McDonnell Douglas and the relocation...
...Lockheed, as it was known before its merger with Martin Marietta, withdrew from the commercial market in the 1980s, and a weakened McDonnell Douglas combined with Boeing in 1997....
...Last week, Boeing confirmed it was considering reacquiring the Kansas-based manufacturer of jet parts, almost 20 years after divesting the company to private equity....
...In the case of Boeing, customers may vote with their feet, and the company be compelled to improve by a combination of stakeholder pressure and market forces....
...Boeing shares fell 8 per cent to $229 in pre-market trading as investors weighed the potential financial impact of the latest blow to the manufacturer. Here’s the latest on the investigation....
...At the time a victorious Yousaf, seen as the natural successor to Nicola Sturgeon, said Regan would be “no great loss”....
...An article of this size cannot do justice to McDonnell’s work, but if Büsser sees something in him, then you should too....
...The airline is meant to receive its first 11 jets from Boeing in 2025 and more incrementally as they come off the assembly line....
...The investment group may be thankful that the company ended up in the hands of other owners as we cover below....
...Boeing also announced a new position yesterday: senior vice-president for quality. The company says the leadership shuffle is meant to increase its focus on safety....
...While the infrastructure splurge has contributed to economic growth and drawn investment, it has also saddled state-owned companies with huge debts, a burden that Widodo’s successor will have to address....
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