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Joined: Sun Aug 22, 1999 5:41 pm

Boeing First Qtr 2007 Report & The 787

Tue May 01, 2007 9:11 am

Seems like Boeing may be having some schedule problems, but seem confident can manage.

From Boeing First Qtr Earnings Report

Rollout of the first airplane is scheduled in July, first flight is targeted for late August and entry into
service is scheduled for May 2008. While risks inherent in the latter stages of major
airplane development programs remain for the 787, Boeing continues to expect the 787
will be delivered on time and in accord with its contractual obligations.

From PDF presentation

�� 787 continues to make progress
− Won 544 firm orders since launch
− Managing weight and schedule challenges
− Rollout in July; targeting first flight in late August;
on track to make first delivery in May 2008

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Joined: Fri Nov 04, 2005 2:26 am

RE: Boeing First Qtr 2007 Report & The 787

Tue May 01, 2007 9:18 am

Asked in a media session afterward when Boeing would reclaim the No. 1 spot, McNerney said: "The math would say end of this year, beginning of next."

But he declined an opportunity to criticize the rival airplane maker, whose lengthy delays with its superjumbo A380 sent many orders to Boeing instead.

"They have gone through some difficulties the last couple of years, but we've had times in our history where we've run into difficulties. I'm convinced they'll get through them and they're going to be the formidable competitor they've been over the last couple of decades," McNerney said.

"I don't exult in their difficulties at all," he said.

Can you imagine how Leahy (or Forgeard if he were still CEO) would act if the shoe were on the other foot?
Our eyes are open, our eyes are open--wide, wide, wide...

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