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COMMENTS
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Tim McNerny CEO is on his knees praying it will fly. After his tirad over the Union strike Boeing had to pay its pension fund obligations with Boeing Stock instead of the cash payment which it has traditionally made. It's a good indication the Boeing Company is cash strapped. Rumor has it the company which once had 5 billion dollars in the bank had to borrow 4 billion to continue financing the 787 and other programs. Why a cash strapped company decided to move to South Carolina and build another facility there is beyond my financial understanding.
Dear God, please fly, Dear God please fly, Dear God, please fly.
Steven Lay | Dec 7, 2009 9:12 pm | 2 replies | Request removal
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I could tell you why it's three little letters I A M
mark copeland | Dec 08, 2009 7:49 am | Request removal
Steven: you say "Why a cash strapped company decided to move to South Carolina and build another facility there is beyond my financial understanding"? Well, that is why you don't work for Boeing's administration: you lack vision. If this plane flies--and it WILL fly--it will go from being a risk to being an asset, and Boeing can take that to the bank by moving to SC, with a workforce that may indeed be non-union but which is hungry to work and hungry to learn, and do it for less money so Boeing can recoup over the long haul. And banks will lend on that. Personally, why a greedy-union-burdened company would decide to stay here and face certain economic demise from a spoiled union is beyond my financial understanding. Think for once...or can you?
R D | Dec 08, 2009 10:08 am | Request removal
Well when this contract is up that union will have almost no leverage if Boeing can keep the SC line up and not miss a beat. I wouldn't be surprised if another strike shuts the Everett line down for good.
Trevor Lee | Dec 8, 2009 9:05 am | 1 replies | Request removal
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I agree completely.
R D | Dec 08, 2009 9:57 am | Request removal
Am really looking forward to this. Once this plane lifts off, we'll leave Airbus in the dust by at least 5 years, maybe more.
As far as the bigwigs at IAM/AW 751 goes, there's a reason why SC got a 787 line: insatiable union greed. They prostrate their organisation and its members as martyrs every October, trying to guilt-induce Boeing into capitulation because they have Cadillacs, Harleys and excessive mortgages to pay, like a spoiled child holding his breath until turning blue for more allowance. They milked the cow too hard, too long. Unions have a place, but not like this. Start writing your last will & testament, management of IAM/AW 751: your days are numbered. And you did it to everyone, your members included.
R D | Dec 8, 2009 9:56 am | 0 replies | Request removal
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IAM751 haveing a strike every contract is why Boeing is leaving. Why is anybody foolish enough to be surprised?
Phillip Wright | Dec 8, 2009 6:45 am | 0 replies | Request removal
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IAM751 have a strike every contract is why Boeing is leaving. Why is anybody foolish enough to be surprised?
Phillip Wright | Dec 8, 2009 6:44 am | 0 replies | Request removal
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