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falmouthharbor 135 posts  |  Last Activity: 6 hours ago Member since: Jan 21, 2002
  • falmouthharbor by falmouthharbor Jul 16, 2014 9:31 PM Flag

    Boeing escaped Airbus’s shadow on the third day of the Farnborough Air Show as an agreement to sell new 777X jets to Qatar Airways Ltd. drove a $46 billion haul of orders and options. After dominating Boeing on the first two days of the event, Airbus reported one deal yesterday valued at $1.2 billion at list prices, according to data compiled by Bloomberg Industries. Boeing’s accord with Qatar Airways, which isn’t a completed order, is for 50 of the -9X version along with 50 options. The agreement nudged Boeing ahead of Airbus in announced sales at the biggest aviation expo, with about $63 billion to the European planemaker’s $61 billion, the Bloomberg Industries tally showed.

  • Reply to


    by maxschmit777 Jul 16, 2014 11:15 AM
    falmouthharbor falmouthharbor Jul 16, 2014 4:08 PM Flag

    As the Reuters article states, "Boeing needs to notch up profit margins on jetliners, run its factories smoothly, and win price cuts from suppliers."
    Earnings upside surprises require increased deliveries and cost reduction from production improvements. Boeing could walk away from the airshow with lots of orders, but that does not
    impact earnings in the short term (two years or so). Delivery of these planes being ordered today
    wont occcur for number of years.

  • Reply to


    by maxschmit777 Jul 16, 2014 11:15 AM
    falmouthharbor falmouthharbor Jul 16, 2014 3:10 PM Flag

    It is not manipulation by the "Big Boys". Here is Reuters opinion.

    NEW YORK (Reuters) - Despite booking billions of dollars in new plane orders at the year's biggest air show this week, Boeing Co (BA.N) and other aerospace companies approach second-quarter earnings as victims of their own success. Boeing's stock soared nearly 80 percent last year, outperforming the Dow Jones Industrial Average and the S&P 500 index. Many suppliers to the world's biggest plane maker also beat the market. But as indexes pushed higher this year, investors sent Boeing down 5.7 percent amid concern that the aviation business cycle may have peaked and that Boeing's ability to produce positive surprises is limited. Suppliers also suffered. For the stock to rise, Boeing needs to notch up profit margins on jetliners, run its factories smoothly, and win price cuts from suppliers. It also must keep booking orders.

  • Reply to

    High speed chase through Boeing Field yeaterday

    by tami_sue Jul 15, 2014 2:10 PM
    falmouthharbor falmouthharbor Jul 15, 2014 2:39 PM Flag

    From seattlepi:
    Seattle police arrested a man in Tukwila near Boeing Field on Friday afternoon after he carjacked a truck, led officers on a chase and tried to steal more vehicles. Officers responded to a 1:08 p.m. report of an armed carjacking in Pioneer Square, indicating that a man stole a white Ford pickup at Second Avenue South and South King Street, according to Seattle police reports. The robber reportedly threatened to kill the driver. The robber drove south and police found him at Fourth Avenue South and South Holgate Street. Despite officers’ attempts to stop the truck, the driver continued to speed south on Fourth Avenue, Seattle police say. The chase continued until police reached East Marginal Way near Boeing Field. An officer spotted the truck rear-ending a Jeep stopped at the intersection of South Boeing Access Road, East Marginal Way South and Tukwila International Boulevard. After that, the pickup driver ran from the crash site and unsuccessfully tried to rob two other drivers of their cars at the intersection. Police closed in on the robber at a nearby Chevron gas station as he tried to enter the gas station store. No one was injured during the incident. Police booked a 41-year-old man into King County Jail for investigation of robbery and possibly more charges.

  • falmouthharbor by falmouthharbor Jul 14, 2014 6:33 PM Flag

    The Boeing Co., St. Louis, Missouri, is being awarded a $6,947,488 modification to a previously awarded firm-fixed-price contract (N00019-14-C-0032) for aircraft armament equipment items

  • falmouthharbor by falmouthharbor Jul 14, 2014 12:11 PM Flag

    EVERETT, Wash., July 14, 2014 /PRNewswire/ -- Boeing [NYSE: BA] today announced that it is in the final phases of testing and production readiness of a new method for building 777 fuselages as part of its ongoing technology investment strategy. Known as the Fuselage Automated Upright Build, or FAUB, this Advanced Manufacturing technology improves workplace safety and increases product quality. This technology has been in development by Boeing since 2012. With this new technology, fuselage sections will be built using automated, guided robots that will fasten the panels of the fuselage together, drilling and filling the more than approximately 60,000 fasteners that are today installed by hand. FAUB offers numerous benefits including an improvement in employee safety. The nature of the drilling and filling work makes it ideal for an automated solution. More than half of all injuries on the 777 program have occurred during the phase of production that is being automated. In addition, the automated system is expected to reduce build times and improve first-time quality of the build process. The 777 program has already begun testing FAUB at a facility in Anacortes, Wash. Production readiness preparations are underway and the system will be installed in Everett in a new portion of the main factory that is under construction now. The technology is expected to be implemented in the next few years. The robotic system, designed for Boeing by KUKA Systems, is the latest in a series of strategic Advanced Manufacturing moves on the 777 program, which have already included new systems for painting wings and other drilling operations.

  • falmouthharbor by falmouthharbor Jul 12, 2014 4:59 PM Flag

    The Boeing Co., Seattle, Washington, is being awarded a $44,983,385 cost-plus-fixed-fee contract for the repairs of 214 various mission system components on the P-8A aircraft. Work will performed in Seattle, Washington, and is expected to be completed by March 31, 2016.

  • falmouthharbor by falmouthharbor Jul 11, 2014 5:11 PM Flag

    with 13 deliveries completed in the first 11 days, Boeing and the Airshow will take center stage for the next two weeks (at least in the minds of the media) along with the earnings on the 23rd (more important). Hopefully the July deliveries will pick up during this period.

  • falmouthharbor by falmouthharbor Jul 11, 2014 2:46 PM Flag

    SEATTLE, July 11, 2014 – Boeing [NYSE: BA] announced today the selection of TRU Simulation + Training Inc. as its supplier for state-of-the-art full-flight training suites for the 737 MAX.

    The initial suite will include a full-flight simulator, a flat-panel training device and 10 desktop trainers which are anticipated to be ready for training in 2017 for customers new to both the Next-Generation 737 and 737 MAX.

    Current Next-Generation 737 customers who will begin operating the MAX can continue training new pilots on one of 14 Next-Generation 737 full-flight simulators within the Boeing Flight Services training network followed by a short differences training course for the 737 MAX. Pilots already certified on the Next-Generation 737 will not require a simulator course to transition to the 737 MAX.

  • falmouthharbor by falmouthharbor Jul 10, 2014 11:16 AM Flag

    RENTON, Wash., July 10, 2014 /PRNewswire/ -- Boeing (BA) announced the launch of its new Space Bins today, which provide more room for carry-on bags. Space Bins are now available as an optional feature on new Next-Generation 737s and 737 MAX airplanes.
    Each of the larger Space Bins will stow six bags, two more than the current pivot bins installed on Next-Generation 737s with the Boeing Sky Interior. That's based on a standard size carry-on bag measuring 9-in x 14-in x 22-in (23 cm x 36 cm x 56 cm).

  • Reply to

    AH Volume

    by anuandamit Jul 9, 2014 8:42 PM
    falmouthharbor falmouthharbor Jul 9, 2014 8:54 PM Flag

    I have not seen anything yet to account for the activity. It did end on the AH high.

  • falmouthharbor by falmouthharbor Jul 9, 2014 8:50 PM Flag

    SINGAPORE, July 9, 2014 /PRNewswire/ -- Boeing (NYSE: BA) is enhancing its support to customers in Southeast Asia through a joint venture in Singapore with SIA Engineering Company (SGX: SIAEC). Boeing and SIAEC signed an agreement today to form Boeing Asia Pacific Aviation Services, which will provide industry-leading engineering, spare parts, and repair and maintenance services for Boeing airplanes.

  • falmouthharbor by falmouthharbor Jul 9, 2014 6:05 PM Flag

    The Boeing Company, St. Louis, Missouri, has been awarded an estimated $10,111,976 (P00005) modification to the firm-fixed-price contract (FA8119-12-D-0009) to extend the ordering period of a requirements contract for the repair of 23 B-1B Aircraft Secondary Structural Components. The total cumulative face value of the contract is $30,003,960.

  • Reply to

    slow start to the quarter

    by falmouthharbor Jul 8, 2014 6:52 PM
    falmouthharbor falmouthharbor Jul 8, 2014 8:31 PM Flag

    BA did manage to deliver a 787 to British air late Tuesday making a 4 planes thru 7/8.

  • falmouthharbor by falmouthharbor Jul 8, 2014 6:52 PM Flag

    With the first week of July now over, BA has delivered 3 planes and Airbust has delivered 9.
    Whule the 4th of July holiday and Summer vacations may have has some BA impact, It isn't clear why deliveries have faltered.
    I haven't seen any sign on a delivery today (Tuesday) which is normally a heavy delivery day especially for 737's.

  • falmouthharbor falmouthharbor Jul 8, 2014 2:47 PM Flag

    Perry cannot close the borders. The issue is federal, not state. And previous actions to try to correct the problem at the state level have run into federal barriers and lack of co-operation.

  • Reply to

    Boeing's Earnings Couldnt Come Sooner

    by anuandamit Jul 8, 2014 1:15 PM
    falmouthharbor falmouthharbor Jul 8, 2014 2:39 PM Flag

    The Ex/IM issue is more of a political isssue than financial and the press has been eager to fan those flames.
    The whole market was sour today, not just BA. Corporate welfare has been a rally cry of the left for decades
    so when the right does it it dimiishes the lefts ability to use it effectively. All this posturing on the Left and Right
    is common. The right does seem to have a valid point that a significant amount of the Ex/Im backing goes to large corporations while smaller ones who would really benefit from help do not get what they need. And the left would
    like to enlarge the bank to cover that shortfall (and getr more revenue in fees.)
    The issue will get resolved and business will go on.
    In the meantime, BA gets to buy back stock at a lower price while investors also get to buy in or increase holdings.
    As you say, investors should be watching the airshow and earnings results rather than focus on the Hype by media and politicians.

  • Reply to

    Earnings Preview

    by anuandamit Jul 2, 2014 3:30 PM
    falmouthharbor falmouthharbor Jul 6, 2014 8:40 PM Flag

    I have both but am considering dumping Airbus. Numbers (orders adn deliveries can affect stock price and signal if there is a problem well ahead of earnings reports.

  • falmouthharbor falmouthharbor Jul 6, 2014 3:20 PM Flag

    July 2 2014 from USA Today:
    Obama 33%
    Bush 28%
    Nixon 13%
    Carter 8%
    CLinton, Reagan, Johnson 3% each

  • Reply to

    train derails carrying 737 fuselages

    by falmouthharbor Jul 5, 2014 2:40 PM
    falmouthharbor falmouthharbor Jul 6, 2014 3:07 PM Flag

    The railroad has insurance to cover this. But premiums will go up. That is why they need to uncover the cause. If poor mainenance, then it will hike premiums a lot.

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