Boeing News
Boeing [NYSE: BA] has announced plans to consolidate company facilities in Southern California over the next four years. The Boeing facility in Anaheim, with about 3,700 employees, will relocate to the Huntington Beach facility.
"This plan provides a strong foundation for long-term stability and competitiveness," said Gary Toyama, Boeing Integrated Defense Systems (IDS) vice president, Southern California region. "Our vision is to integrate and optimize our capabilities to meet customer requirements."
Nearly all of the moves will occur within a 25-mile radius. Design and construction in Huntington Beach will start immediately, with minor employee moves. Significant employee relocations are anticipated to start early in 2007 and will continue through 2010.
"As our programs change and mature, we will adjust accordingly to provide a stable environment, reduce operation costs and maintain our competitiveness in the marketplace," said Toyama.
The company will work closely with the City of Anaheim to redevelop the property in a manner that maximizes its economic benefit, both for Boeing and the community. Boeing Realty Corporation will manage the disposition of the Anaheim site.
A unit of The Boeing Company, Boeing Integrated Defense Systems is one of the world's largest space and defense businesses. Headquartered in St. Louis, Boeing Integrated Defense Systems is a $30.8 billion business. It provides network-centric system solutions to its global military, government and commercial customers. It is a leading provider of intelligence, surveillance and reconnaissance systems; the world's largest military aircraft manufacturer; the world's largest satellite manufacturer; a foremost developer of advanced concepts and technologies; a leading provider of space-based communications; the primary systems integrator for U.S. missile defense; NASA's largest contractor; and a global leader in sustainment solutions and launch services
Boeing and Futura Sign Order for Up to Six Next-Generation 737s
The Boeing Company [NYSE: BA] and Futura International Airways, a charter airline headquartered in Palma de Mallorca, Spain, today announced an order for three Boeing Next-Generation 737-800s and three purchase rights. The order for three airplanes is valued at approximately $210 million at list prices. The new airplanes, scheduled for delivery in 2009 and 2010, are for fleet growth.
"The 737 is the cornerstone of our fleet. We have wide experience with the 737-800, the 737-400 and the 737-300 and are extremely pleased with their low operating costs and excellent performance. We believe the 737-800 has the most advanced flight and safety systems in the history of civil aviation to date,” said Román Pané, president and CEO of Futura International Airways.
"Futura has a very successful history with the 737 family and we are thrilled to continue our partnership," said Marlin Dailey, vice president of Sales, Europe, Russia and Central Asia, Boeing Commercial Airplanes. “Airlines around the world continue to express their confidence in the Boeing Next-Generation 737’s superior economics, efficiency and reliability, and we continue to invest in the airplane to ensure its continued value to the marketplace.”
The Boeing 737 is the best-selling jet family ever. Customers have ordered more than 3,300 Next-Generation 737s, and more than 1,900 have been delivered. In addition, the 737 family has garnered more than 6,000 orders, with more than 5,000 deliveries.
Futura
Futura International Airways, S.A., founded on November 28, 1989, is the largest independent middle-range airline company in Europe. Until November 2002 (fiscal year), Aer Lingus owned 100% of the company’s shares. Since November 2002, as the result of a management buy-out backed by Corpfin Capital, a Spanish private equity company, Futura’s ownership profile has evolved. Corpfin Capital owns 65 percent of the shares, Aer Lingus (the Irish national carrier) maintains 20 percent, and the other 15 percent is owned by company management and employees. The airline currently operates an all-Boeing fleet of 24 planes, including two 737-300s, one 737-300F, 10 737-400s and 11 737-800s.
