Revenues of $68.3 billion.
Operating cash flow of $5.6 billion.
Cash and marketable securities on hand of $11.2 billion.
Margins were 11%.
Backlog is $316 billion.
57 deferrals (271 deferrals and 121 cancellations for 2009)
All six flight test planes will be airborne by end of Q2.
787 weight is within customer mission requirements and Block improvements are on track.
Expect to have up to 30 787s completed by the end of the year.
787 costs rose by $1.3 billion, however the program is not in a loss position.
787 delivery costs will be higher, even with the R&D expensed to ZA001-ZA003.
747-8F first flight imminent.
Hope to be able to raise average 747-8 transaction price if flight test results are strong.
Program will be profitable if Boeing can secure around 400 orders over it's life.
Stitch From United States of America, joined Jul 2005, 31991 posts, RR: 85
Reply 1, posted (5 years 2 months 1 day 5 hours ago) and read 1703 times:
In regards to the 737 and 777, Jim McNerney noted that a decision on whether or not to re-engine the 737 will come before any decision on what to do with the 777.
This is because the customer base is pushing Boeing to re-engine the 737 in the interim while they develop a replacement. Customers believe the 737 is a solid platform as-is, but they feel new engines would make it better so they are content to follow that path as opposed to scrapping their current fleets for a new model (wither the C-110 / C-130 / C-150?). To that end, most of the 737 UFO orders are scheduled for delivery beyond 2011.
Pnwtraveler From Canada, joined Jun 2007, 2339 posts, RR: 12
Reply 2, posted (5 years 2 months 1 day 4 hours ago) and read 1634 times:
Interesting that Boeing is looking to raise the price of the 748 if performance is as good as they think it might be. I would assume if I read between the lines that they are expecting better numbers than they have said so far.