Boeing named a new head of its Commercial Airplanes unit while announcing Tuesday afternoon that Jim Albaugh has decided to retire from the company on October 1. Raymond Conner, 57, formerly Boeing Commercial Airplanes’ senior vice president of sales and customer support, assumes Albaugh’s CEO position immediately.
James McNerney
June 26, 2012 - 4:53pm
April 27, 2012 - 11:10am
While far from inevitable, the proposed merger of US Airways and American Airlines seems to have garnered support from virtually everyone who matters but the management of bankrupt AA
November 1, 2011 - 10:54am
James Bell, Boeing executive vice president, corporate president and CFO, has announced plans to retire from the company, effective April 1, 2012. Boeing’s board has elected Greg Smith, 45, corporate controller and finance vice president, to succeed Bell as executive vice president and CFO, effective Feb. 1, 2012. Boeing said the two will work together over the coming months to ensure a smooth transition.
October 26, 2011 - 1:50pm
Boeing once again lowered its forecast for deliveries of the 787 and 747-8 this year, to between 15 and 20 aircraft, after previously projecting an output of between 25 and 30 units. The 747-8F will account for roughly two thirds of those deliveries, said Boeing, meaning that it won’t ship more than seven 787s this year. It has so far delivered two 787s to Japan’s All Nippon Airways.
May 16, 2011 - 8:21am
The case for a “re-engined” Boeing 737 appears as weak as, if not weaker than at any time since the Chicago-based aerospace giant began exploring the prospect long before Airbus launched the A320neo, judging by the comments of Boeing CEO Jim McNerney at Thursday’s Cowen Aerospace & Defense Conference in New York.
May 2, 2011 - 5:40am
Boeing could both re-engine its 737 and build an entirely new airplane to replace the existing model, according to company CEO Jim McNerney.
January 28, 2011 - 7:13am
Boeing won't consider submitting the 787 Dreamliner for certification in the third quarter without Etops capability, notwithstanding differences in qualification testing the FAA has instituted since the 777 earned its FAA ticket–complete with Etops approval–in 1995, CEO Jim McNerney said during the company's January 26 fourth-quarter earnings call.
January 13, 2011 - 2:19am
Boeing won’t consider submitting the 787 Dreamliner for certification in the third quarter without Etops capability, notwithstanding differences in qualification testing the FAA has instituted since the 777 earned its FAA ticket–complete with Etops approval–in 1995, CEO Jim McNerney said during the company’s January 26 fourth-quarter earnings call.
October 20, 2010 - 9:02am
Boeing expects its commercial aircraft book-to-bill ratio to exceed one by year-end, following what CEO Jim McNerney characterized as a “strong” third quarter that yielded net firm orders for 221 airplanes worth more than $12 billion, compared with a net order count of 79 during the corresponding period last year. Meanwhile, Boeing Commercial Airplanes delivered 124 airplanes during the quarter, compared with 113 a year earlier.
August 13, 2010 - 8:38am
A decision to re-engine the Boeing 737 will hinge largely on the company's ability-or lack thereof-to introduce an all-new narrowbody by the end of this decade, Boeing CEO Jim McNerney said last month.
