Boeing CFO Acknowledges Airbus Woes Have Helped The Bottom Line | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.06.24

Airborne-NextGen-04.30.24

Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

Thu, Mar 08, 2007

Boeing CFO Acknowledges Airbus Woes Have Helped The Bottom Line

Planemaker Able To Hold Prices

In comments made Wednesday, Boeing Chief Financial Officer James Bell confirmed the American planemaker has benefited some from the turmoil surrounding its European rival, Airbus... but stopped short of making a direct link between pricing benefits and delays in several Airbus programs.

Bell told The Financial Times commercial aircraft prices have steadied -- and that market conditions have allowed Boeing to boost profit margins on many of its aircraft to above 10 percent.

"I think we've seen aircraft pricing stabilize. It's still a very, very competitive market...[but] I think we're holding our own on the value proposition," Bell said during an investor presentation.

Analysts say Bell's statements also show that Boeing isn't chasing business, by offering cut-rate deals to disgruntled Airbus customers; rather, customers are coming to Boeing regardless.

As a result, Boeing's commercial sales backlog grew to a record $174 billion in 2006.

FMI: www.boeing.com

Advertisement

More News

ANN's Daily Aero-Term (05.05.24): Omnidirectional Approach Lighting System

Omnidirectional Approach Lighting System ODALS consists of seven omnidirectional flashing lights located in the approach area of a nonprecision runway. Five lights are located on t>[...]

Aero-News: Quote of the Day (05.05.24)

"Polaris Dawn, the first of the program’s three human spaceflight missions, is targeted to launch to orbit no earlier than summer 2024. During the five-day mission, the crew >[...]

Airborne 05.06.24: Gone West-Dick Rutan, ICON BK Update, SpaceX EVA Suit

Also: 1800th E-Jet, Uncle Sam Sues For Landing Gear, Embraer Ag Plane, Textron Parts A friend of the family reported that Lt. Col. (Ret.) Richard Glenn Rutan flew west on Friday, M>[...]

Airborne 05.03.24: Advanced Powerplant Solutions, PRA Runway Woes, Drone Racing

Also: Virgin Galactic, B-29 Doc to Allentown, Erickson Fire-Fighters Bought, FAA Reauthorization After dealing with a big letdown after the unexpected decision by Skyreach to disco>[...]

Aero-News: Quote of the Day (05.06xx.24)

“Our aircrews are trained and capable of rapidly shifting from operational missions to humanitarian roles. We planned to demonstrate how we, and our BORSTAR partners, respond>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC