We’re off hiatus, having completed several projects that now gives us some time to pay attention to this column.
It didn’t seem to get much pickup but on the Boeing 1Q earnings call, CEO Jim McNerney said something on the call that really perked up our ears.
First, some necessary context.
Dashing off a quick note here, since we’re still on hiatus.
IAM 751 successfully achieved a complaint and hearing from the National Labor Relations Board filed a year ago against Boeing, alleging that the October 2009 decision to establish 787 production line 2 in Charleston (SC) was retaliation for the 58-day strike in August-September 2008. Boeing, in October 2009, was clear that it wanted stability and a long-term contract to keep Line 2 in Seattle, but that the union made unacceptable demands in the form of a guarantee of future airplane work in Seattle; and Boeing neutrality in all IAM efforts to organize labor at any Boeing plant nationwide. Boeing wouldn’t agree to either demand.
We’re still on hiatus, but we could not resist this piece of art from the Wall Street Journal illustrating Steven Udvar-Hazy’s return to the public stock market today for his Air Lease Corp.
The Wall Street Journal article is, at the moment, for paid subscribers only but here is an LA Times article that gives some background.
Separately, Aspire Aviation has a good analysis of the COMAC C919 and its competitive threat to Boeing and Airbus.
Due do a number of special projects with near-term deadlines, this column will be a hiatus for a while. In the meantime, please see our affiliate, AirInsight, for commentary and news.