Boeing is Really Flying Now
The Boeing Company has completely blown past projections for aircraft sales this month. Before the Annual Paris Air Show the Boeing Company had already made three deals for commercial aircraft of worth over 5 Billion in sales. First they cleared a deal for new 777 Cargo Aircraft, then another for new 737-400s and then another again. Then during the Paris Air Show they had even more commitments for aircraft even tripling the already stunning beginning of the month.
Mr. Stoneifer the most recent former CEO of the Boeing Company, who I have only met on one occasion since he was previously in the car wash industry, had an extra martial affair and was ousted from the firm. He would have been given credit for this stellar sales book and perhaps been thought of the as the Aviation Turn Around King of the twenty first century? But today the entire Boeing Company Team from the line mechanics to the engineers and sales team are the winners.
As the world grows closer together commercial aviation has a chance to take advantage of the new one-world economy. Both Boeing and Airbus have had excellent bookings and sales orders for new aircraft. The Boeing Company's stock performance is that of a maximum takeoff on a VSTOL Fighter jet to say the least. From their commercial aircraft division to their Space Program Boeing is on a roll.
It is good to see that the United States still makes some things like aircraft. Many other industries have left our shores to foreign lands. The United States Trade Deficits are at record levels and there is no end in sight to a slowing. The Boeing Company has the expertise to help bring back monies to our country for all those goods we buy from places like India and China. Commercial Aviation has taken quite a hit in the last five years and things did not look so great for Boeing after having massive layoffs, orders for new aircraft cut and lackluster sales. Today is quite a different story, those who betted against the Boeing Company or sold their stock prematurely must be kicking themselves now, they would have made quite a bit on their money had they simply reviewed their history notes of the last few decades. Boeing was not down and out; they had just taxed into position and were holding, waiting to be cleared for take-off. Think on this.