Deliveries seem to be lacking so far this month. As of Monday night, BA has delivered 39 planes so far this month with only 4 days to go in the month. That's a far cry from the 64 planes they need to deliver to stay on target. It isn't clear whether vacations and last months push for EoQ revenue drained the availability. Nor is it clear if the deliveries are being impacted by customer financing issues or being held back to try and influence the EX-IM bank vote in congress. As of Tuesday morning, the ex-im bank does not look like it will come to a vote till after the recess as it is been reported that it renewal is not in the highway bill. BA has said the ex-im is not a big issue but..... So the next 4 days will be interesting. Charleston does not seem to have a problem with production and the remaining two planes for July are ready as are several for August. I don't have any data on Renton 737 production status but at the current rate of production they should have at least 11 sitting on the tarmac that could be delivered,
SALMON, Idaho (Reuters- 10 hours ago) - A freak July cold front brought snow to the Northern Rockies on Monday in a rare weather event that set record-low daytime temperatures across Idaho and could see overnight readings at or near freezing in parts of the region, meteorologists said.
The combination of moisture and cold air from Alaska and Canada was expected to settle over Idaho, Montana and Wyoming through Tuesday in a pattern rarely seen in those states before late August or September, forecasters with the National Weather Service said.
More than an inch of snow was reported on Monday at the renowned ski resort of Jackson Hole, Wyoming, and in the mountains of western Montana and central Idaho near Salmon, where local farmers scrambled to cover crops and potentially run sprinklers to prevent frost damage.
The Boeing Co., Huntington Beach, California, has been awarded a $6,587,447 modification (P00004) to previously awarded HR0011-14-9-0005 (Other Transaction), for the Experimental Spaceplane (XS-1) program. The additional tasks, identified as Phase IB, will continue the development of the XS-1 demonstration concept, substantiating identified core component technologies, mitigating risk, developing a Technology Maturation Plan (TMP), and performing several demonstration tasks. The addition of the XS-1 Phase IB tasks brings the total cumulative face value of the agreement from $10,000,000 to $16,587,447. Fiscal year 2015 research and development funds in the amount of $4,083,255 are being obligated at time of award. Work will be performed in Huntington Beach, California (90 percent); Titusville, Florida (5 percent); St. Louis, Missouri (4 percent); and Ridley Park, Pennsylvania (1 percent) with an expected completion date of August 2016. Total Boeing Cost Share is $6,000,000 and the total estimated government funding of the agreement is $10,587,447. The Defense Advanced Research Projects Agency (DARPA), Arlington, Virginia, is the contracting activity.
The program cost begin dropping in late Q3/early Q4. After that the increase in 787-9 and eventually the -10 will drive the program cost to 0. Since the program costs have already been spent and offset by profits on other planes, it is actually making money now despite claims that it is not. The R&D and NPSU (new product start up) costs provide a hefty tax credit.
I have not seen any sign of shortages. It will show up in NYC787 site data if they start missing flight test target dates.
According to NYC787 site:
19 scheduled for august delivery. 4 are ready for delivery, 6 are in flight test, 9 are in pre-flight prep.
14 scheduled for September delivery. 1 in pre-flight prep,12 in final assembly, 1 scheduled to start final assembly on 7/29.
Quite an improvement I production. Now they need to improve delivery.
According to NYC787 site, it is one of 4 787's scheduled for delivery on Monday the 27th.
The remaining two are scheduled for delivery before the 30th.
Insitu Inc., Bingen, Washington, (Boeing is its parent company) is being awarded a $78,000,001 modification to a previously awarded firm-fixed-price contract (N00019-15-C-0033) for the procurement of six low-rate initial production Lot IV RQ-21A Blackjack unmanned aircraft systems. This award provides for the procurement of the air vehicles, ground control stations, launch and recovery equipment, spares, and system engineering and program management
July 24, 2015
Boeing #$%$ Friday named Mark Jenks to lead its flagship 787 Dreamliner program following the July 31 retirement of Larry Loftis, a company veteran credited with transforming its jet-manufacturing operations.
With 7 days left in the month, BA has delivered only 33 planes per the reporting sites.
Only 22 737's. If 737 production is 42 a month, there must be a bunch of planes sitting on the tarmac.
They need to get off the dime and open the delivery gates.
From avio news:
(WAPA) - Boeing and key Japanese partners JAI (Japan Aircraft Industries) and JADC (Japan Aircraft Development Corporation) today signed a formal agreement for significant work on new B-777X airplane.
The agreement finalizes last year’s announcement of a Memorandum of Agreement (MOA) to provide approximately 21 percent of the major airplane structure components for the aircraft. The contract includes fuselage sections; center wing sections; pressure bulkhead; main landing gear wells; passenger, cargo and main landing gear doors; wing components and wing-body fairings.
JAI consists of Mitsubishi Heavy Industries (MHI), Kawasaki Heavy Industries (KHI), Fuji Heavy Industries (FHI), ShinMaywa Industries (SMIC) and NIPPI Corporation (NIPPI). JADC is a non-profit foundation established to enhance the competitiveness of the Japanese aircraft industry.
Per the NYC787 site, 18 are scheduled for August delivery.
Of those, 2 are ready for delivery, 5 are in flight test. 10 are in pre-flight test and 1 is in the last stage of final assembly.
Using that logic, then would it not be reasonable and proper to apply the restriction to all individuals who receive any form of federal money?
The NYC787 site has some interesting info on the 787 program in its last two entries.
If BA can meet the delivery dates scheduled for Q3, it seems that the deferred program costs should start to fall in Q4. That means they start seeing profit on each 787 sale in Q4 as BA stated in the past.
Jeremy Kissinger, an event coordinator on his way to Los Angeles with his friends for vacation, was sitting in row 37 of the plane when he noticed a passenger who appeared to have passed out several rows in front of him. Flight attendants began attending to the passenger.
“There was an announcement that there was a problem with the air and they were going to drop the masks,” Kissinger said.
Kissinger said everything seemed normal until the oxygen masks came down, adding that he noticed several people heading to the bathrooms as soon as they were able. He did not smell anything out of the ordinary nor experience any illness but said other people in the same general area fell ill.
Werner Lieberherr (CEO) did not perform well in the conf. call. He often made comments when none were necessary and sounded like he was just making attempts to make himself seem important.