Summit Notebook

Exclusive outtakes from industry leaders

Would you send a postcard of Boeing’s new Dreamliner?

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BOEING/787

For some fans, Boeing’s first test flight of its new 787 Dreamliner this week was apparently a virtual postcard.

The aerospace company says people sent about 25,000 postcards electronically of the lightweight commercial plane made primarily from carbon-based plastics and titanium.

About 1 million people logged in to watch the take-off and landing, observing the long-delayed first flight from about 13,000 cities and about 200 countries, the company says.

Dennis Muilenburg, chief executive officer of Boeing Defense Systems, watched from St. Louis — about 2,000 road miles from Seattle where the flight happened — in a Webcast meeting with about 100 employees who had a live feed from the event.

AUDIO – Cash is king

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And for Boeing Co’s customers, saving cash is becoming increasingly important.

It’s long been one of the great mysteries of the defense game about whether companies that make a lot of the stuff used for defense and security, might be able to ratchet down their pricing when, economically at least, it was a rainy day.

Boeing may see benefit from strike as demand slows

An eight-week strike by machinist workers at commercial aircraft maker Boeing delayed production and may cut profit by hundreds of millions of dollars.
But a major aircraft leasing company in the Gulf Arab state of Kuwait – and a Boeing client – sees one possible benefit to the company.
A global industry downturn is forcing manufacturers to slow down growth plans and control capacity, Ahmad A. Alzabin, chairman of Kuwait-based Alafco Aviation Lease and Finance Co. told a Reuters summit.
“Probably with Boeing they’ve been somehow more fortunate with the strike that was going on for two months. This absorbed some of the excess capacity that had happened.”

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