Money A Flying Fuck
posted by on April 23 at 11:44 AM
Boeing’s Net Jumps 38% on Strength Of Commercial-Plane BusinessBoeing Co. posted a 38% rise in first-quarter net income, driven by strong growth in the company’s commercial-airplanes business. The biggest U.S. aerospace company also recorded lower expenses in the quarter.
The weak U.S. economy – even the gloomy business climate for U.S. airlines — hasn’t affected Boeing’s business so far, said Jim McNerney, chairman and chief executive, during a conference call with analysts. Only 11% of new aircraft orders are from U.S. customers and Mr. McNerney believes that U.S. airlines still will need to find a way to replace older fleets of jets with new aircraft in the next.
Still, the fuckers left Seattle. I will never get over that.
Neato picture...if you glance at it there is sort of an optical illusion effect
That picture gives me vertigo.
Left Seattle? While their headquarters are in Chicago (more central to all of their North American operations), Boeing still has nearly half of their 160k-strong workforce employed in King County. I'd say that they haven't "left".
Hey, Chuck, isn't that baggage getting a little heavy by now? It's only been, what, 5-6 years?
Boeing always lags several years behind the rest of the economy, because of the way demand filters through the industry. In addition, I expect high fuel prices to increase sales of fuel-efficient planes by desperate airlines, which are hemorrhaging money right now.
Ha-Ha! I walk by their Chicago HQ ever day on my way to the train.
I don't really count a few hundred douchebag suits leaving town as "the whole frickin' company left!OMG!". As long as they keep signing the checks, the people that actually keep Boeing alive are still here.
Charles, if Boeing really LEFT Seattle and took the jobs with them....well the recession that would shove Washington state into would stupify your mind.
I work at Paine Field and given the Boeing presence here there is absolutely NO WAY that they really "left". No commercial aircraft are assembled outside of Washington, and they're gradually selling off many of the other factories into new companies like Spirit Aerosystems (Boeing's former Wichita division).
They moved their headquarters as to not tie the whole company to the ups n downs of commercial aircraft portion. Seems like it was a good move to me.
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