Boeing

Business
2:20 pm
Fri February 1, 2013

Boeing engineers and technicians to vote on strike authorization

'No nerds, no birds' is one of the slogans of the Society of Professional Engineering Employees in Aerospace
Ashley Gross KPLU

About 21,000 Boeing engineers and technicians will vote on whether to authorize a strike. The threat of a walkout comes at a bad time for Boeing as the company tries to fix its 787 Dreamliner.

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Business
9:05 am
Thu January 31, 2013

Boeing CEO pledges to keep boosting 787 production even amid FAA grounding

Boeing aims to double 787 Dreamliner production by the end of the year
Ashley Gross KPLU

Boeing Chief Executive Jim McNerney says the company plans to keep boosting 787 Dreamliner production even while the planes are grounded for a battery investigation.

The grounding of the 787 Dreamliner worldwide after two battery failures dominated Boeing’s 2012 earnings conference call. McNerney says the company still plans to produce 10 Dreamliners a month by the end of this year – twice its current rate.

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Boeing
8:51 am
Thu January 31, 2013

Boeing Contract Offer Could Prompt Engineers Strike

A Boeing 787 under construction inside a production facility at a Boeing plant in Everett, Wash., last year.
Susan Walsh AP

Originally published on Fri February 1, 2013 11:18 am

Boeing is scrambling to figure out why batteries malfunctioned on its 787, prompting officials to ground the airplane this month. And at a time when Boeing most needs its skilled engineers, they're weighing a possible strike. Union leaders are considering the company's final contract offer.

The standoff between Boeing and about 23,000 engineers and technicians — mostly in the Seattle region — has been brewing for months. Dozens of them recently packed a union hall south of Seattle for training in how to run a picket line.

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Boeing
2:32 pm
Tue January 29, 2013

Boeing ramps up 737 production to 38 a month

An employee works on the engine of a Boeing Co. 737 airplane last summer at the company's assembly facility in Renton, Wash.
Associated Press

Boeing has begun work on the first of the 737s that will roll out of the Renton factory at a rate of 38 per month.

The company gave reporters and photographers a look at the line Tuesday as production increases from 35 planes a month.

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Business
8:26 am
Mon January 28, 2013

Boeing's 787 woes highlight deep ties to Japan

All Nippon Airways was the launch customer of the Boeing 787
Luke Lai

The grounding of Boeing’s 787 Dreamliner has been a big blow to Japan – both its airlines and its aerospace industry. It’s a reflection of the strong ties between Boeing and Japan.

Japanese airlines have been very loyal to Boeing for decades. They have almost half of the 787 Dreamliners delivered so far. All Nippon Airways was the launch customer.

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boeing
6:15 pm
Wed January 16, 2013

Lithium batteries had problems in laptops, before the Dreamliner

This burned battery was in a JAL Boeing 787 that caught fire on Jan. 7 at Boston's Logan Airport
NTSB

With its fleet of 787 Dreamliners grounded indefinitely, Boeing is looking carefully at the lithium-ion batteries that power much of its innovative electronics. 

These hi-tech batteries are also used in many popular gadgets, from laptop computers to iPhones to electric cars. They make your devices lightweight, and they recharge quickly.

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Business
4:02 pm
Fri January 11, 2013

Boeing raises its salary offer to engineers and technicians

Boeing has raised its salary offer to its engineers and technicians, but the union is still complaining that it doesn’t adequately compensate its members.

Federal mediators have been brokering talks this week between the company and the Society of Professional Engineering Employees in Aerospace, or SPEEA.

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Business
2:45 pm
Thu January 10, 2013

Forecast for the Puget Sound regional economy: Pretty sunny

787 production at the Everett Boeing plant is helping lift the Puget Sound region's economy
Ashley Gross KPLU

The national economy will continue to climb out of the recession this year, and the Puget Sound region is forecast to do even better. That’s the word from an economic forecast conference in Seattle. 

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Business
5:00 am
Thu January 10, 2013

Did the Boeing engineers' strike of 2000 succeed in the long run?

SPEEA

When Boeing engineers and technicians walked off the job 13 years ago, they said it wasn’t just for more money. They wanted to improve the culture of the company and chart a new course for organized labor. Did they succeed?

At first blush, it looked like a resounding success. The Society of Professional Engineering Employees in Aerospace, or SPEEA, had won a contract with everything they had asked for. Executive Director Charlie Bofferding was triumphant in an interview with KING 5.

“We’re interacting now based on power and respect, and that’s where we want to be,” Bofferding said.

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Business
5:00 am
Wed January 9, 2013

Boeing engineers' strike in 2000 casts shadow over current talks

Strikers march to Boeing headquarters
SPEEA

Boeing engineers and the company are supposed to meet with a federal mediator today – but union leaders say the two sides are still far apart. Looming over the negotiations is a memory that's 13 years old, but still fresh for many.

In early 2000, Boeing engineers and technicians did what nobody expected them to do – walk off the job and stay off.

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Boeing
1:37 pm
Tue January 8, 2013

Boeing confirms 787 fire started in a battery; shares fall

The 787 Dreamliner in flight, from Edgar Turner's book, "The Birth of the 787 Dreamliner."
© Edgar Turner

Boeing is confirming that a fire on one of its new 787s appears to have started in a battery, as scrutiny of the problem increases.

Also Tuesday, the National Transportation Safety Board said it will send two more investigators to Boston to examine the Japan Airlines plane. The NTSB says the battery had "severe fire damage."

The fire happened on the ground Monday, with no passengers on board. But in-flight fires can be catastrophic, so the matter is getting close scrutiny by aviation authorities.

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Business
12:01 pm
Thu January 3, 2013

Boeing likely back on top as #1 airplane maker

Boeing exceeded its 2012 delivery goals, partly by speeding production of the 787
Ashley Gross KPLU

Boeing appears to have reclaimed the crown from Airbus as the world’s top commercial airplane maker. 

Much of that stems from strong execution on the  787 Dreamliner, a plane that until recently was the butt of jokes for being three years late. Yair Reiner is an analyst with Oppenheimer & Co. in New York.

"For an industry that had grown really accustomed to having the 787 perpetually miss its targets, in 2012, it hit them," Reiner said.

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Boeing
2:51 pm
Mon December 17, 2012

Boeing to resume buybacks, boosts dividends by 10 percent

AP

CHICAGO (AP) — Boeing Co. says it will buy back $1.5 billion to $2 billion of its shares next year, and it is boosting its dividend.

Boeing says the buybacks and higher dividend are possible because it is generating cash and has a positive growth outlook.

Boeing shareholders have been waiting to benefit from its new 787 plane.

The share repurchases will use up the rest of the money authorized for that purpose by Boeing's board in 2007. Boeing also raised its dividend 10 percent, to 48.5 cents per share.

Business
7:29 am
Fri December 7, 2012

Picket training begins as SPEEA preps for a possible Boeing strike

Ashley Gross KPLU

Contract talks between Boeing and its engineers union are suspended till after the new year. But the union, SPEEA, is not standing still - they're training picket captains for a possible strike.

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Business
12:35 pm
Thu November 29, 2012

Boeing wants a federal mediator to help with SPEEA talks

SPEEA members rejected an earlier contract offer from Boeing by 96 percent.
The Associated Press

After months of unsuccessful contract negotiations, Boeing says it wants a federal mediator to help resolve its contract dispute with SPEEA, the union that represents about 23,000 engineers and technicians in the Puget Sound region.

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