wingman
Posts: 2830
Joined: Thu May 27, 1999 4:25 am

Boeing On The Prowl?

Fri Jul 16, 1999 5:11 am

I posted this topic under a separate title (Pamplona) but not too many takers. In case anyone missed it, BA had a spectacular second quarter, exceeding analysts' expectations by $.08/share after extraordinary items. The company saw great profitability across all sectors, commercial, military, and space. Looks like Commercial is back on track. A turn around in Asia might even turn bleak 2-3 year forecasts around for both ARBU and BA. According to Condit and Debbie Hopkins, BA is looking for acquisitions. There are rumors about Embraer looking for partners as well. How about a strategic alliance here with BA taking say, a 40% stake and dropping the 736 and 717 lines. Use the stretched EMBs under development as a replacement and take advantage of BA's sales channel to sell even more. If this isn't a solid topic for this forum, we might as well change the name to Airliner Wrestling Federation.net What do you jetheads think?
 
CX747
Posts: 5580
Joined: Tue May 18, 1999 2:54 am

RE: Boeing On The Prowl?

Fri Jul 16, 1999 6:54 am

I agree with you that Boeing is once again on the prowl and up to snuff with everything. An acquisition of Embraer or joint holding would be interesting but i doubt that they would stop the 717 and 737-600 production lines. What about future variants of the 747 and 777?
"History does not long entrust the care of freedom to the weak or timid." D. Eisenhower
 
wingman
Posts: 2830
Joined: Thu May 27, 1999 4:25 am

RE: Boeing On The Prowl?

Fri Jul 16, 1999 7:06 am

No comments on the big boys today. Another topic I posted under "Pamplona" was Boeing's choice of GE as its exclusive supplier for the 777X models if and when...A real blow to RR, whose share price has taken a big hit since the news. From an overall business point of view, working with GE makes sense with the financing, sales muscle etc..., but I've always heard that RR made the very best 777 engines so this is a little worrying. But no hard facts here, just the 'ol rumor mill. A poster under "Pamplona" did say that BAirways pilot group heavily favored the RRs and got the GE90s "replaced" on newer 777 orders. About the 717 and 736, Analysts speculate an axe for the 717 at some point. I have to agree that the ARBU commonality argument makes sense here, unless you operate an all 717 narrow-body fleet like AirTran. But the 736? I haven't heard of ANY orders for this thing. Look for more rumors about BA and EMB over the summer. Boeing's going shopping.
 
CX747
Posts: 5580
Joined: Tue May 18, 1999 2:54 am

RE: Boeing On The Prowl?

Fri Jul 16, 1999 7:48 am

I too was interested to read that GE now has the exclusive engine supplying contract for the 777-200X and 777-300X. Aviation Week said that in business terms it does not truly cut out RR or PW. The majority of business the 777 receives is for and will be for the 777-200 and 777-300 not the two newer brothers.
"History does not long entrust the care of freedom to the weak or timid." D. Eisenhower
 
william
Posts: 1622
Joined: Thu Jun 10, 1999 1:31 pm

I Hope Not,not Embraer

Fri Jul 16, 1999 7:56 am

From an investor point of view,when the stock bounces back above 50 then I will proclaim that Boeing is back,and I hope they do not Embraer,ask DeHavilland about Boeings forays into the regional aircraft market. Boeing bombed with Dehavilland,and thats why it is now owned by Bomardier.

Don't get me wrong,I wish could invest in Boeing,I would love to my money in hobby I love,but Boeing has a long way to go to convince me its management is competent. They bombed with De havilland,so I hope they leave Embraer alone.