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BOEING

BOEING. By: Parshva Shah Jim Kestler. Background Info. Founded by William E. Boeing in Seattle, Washington on July 15,1916 as the “Pacific Aero Products Co.”

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BOEING

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  1. BOEING By: Parshva Shah Jim Kestler

  2. Background Info • Founded by William E. Boeing in Seattle, Washington on July 15,1916 as the “Pacific Aero Products Co.” • Boeing went to Yale and worked in Timber industry. Used his wealth and knowledge from this experience in his subsequent design and assembly of airplanes • Became “Boeing Airplane Company” on May 9, 1917 • Largest civil aircraft company • Largest exporter in the United States

  3. Boeing In Brief • World’s leading aerospace company and the largest manufacturer of commercial jet airliners and military aircraft combined • Headquarters in Chicago, Illinois • Employs more than 150,000 people across the United States and in 70 countries • 2006 total company revenues were $61.5 Billion

  4. Corporate Divisions • Boeing is organized into two business units: • Boeing Commercial Airplanes • Boeing Integrated Defense Systems • Supporting these two units is: • Boeing Capital Corporation, a global provider of financing solutions • the Shared Services Group, which provides a broad range of services to Boeing • Boeing Engineering, Operations and Technology, which helps develop, acquire, apply and protect innovative technologies and processes

  5. Product History • In 1938 Boeing completed work on the Model 307 Stratoliner • First pressurized cabin transport aircraft • Capable of cruising at 20,000 feet, above most weather disturbances • In World War II Boeing made a huge number of bombers, including the B-17 Bomber

  6. Product History • 1950’s Short range missiles used to intercept enemy aircraft • Cold War- used to develop and build intercontinental missile • January 1970 - first 747 commercial flight • Four engine long range airliner • NASA • Lunar Rover • International Space Station

  7. Major Competitors • Airbus SAS • Based in Toulouse, France • Privately held company • Significant Operations in European States • Produces half of worlds jet airliners • Lockheed Martin Corporation • Based in Bethesda, Maryland • World’s largest defense contractor by revenue

  8. Unethical Conduct • Bid for U.S. Air Force job to build tankers • Darleen Druyun - U.S. Air Force official • Inflated price of contract to benefit Boeing, her future employer • Passed on info about Airbus bid • Boeing ended up paying $615 million for their involvement

  9. Industrial Espionage • Lockheed Martin sued Boeing in 2003 • Kenneth Branch - former LM employee • Sold documents to Boeing in order to win a bid to construct launch vehicles into space • Pentagon stripped Boeing of $1 Billion worth of contracts, awarding them to Lockheed Martin

  10. Subsidy Disputes • In 2004 Boeing complaint to WTO • Airbus was receiving unfair subsidies from European Governments violating a 1992 bilateral accord • Airbus retaliated • Boeing received tax breaks from U.S. that violated accord. • Boeing and Airbus agreed to settle dispute outside of WTO • Trade dispute reopened by both sides less than a year later

  11. Recent Products • There are mainly four aircrafts of Boeing used by airlines these days: • Boeing 737 • Boeing 747 • Boeing 767 • Boeing 777

  12. Boeing 737 Family • Older versions 737 – 100 to 737 – 500 has been out of production for over 7 years • Current day fleet in production: • 737 – 600 • 737 – 700 • 737 – 800 • 737 – 900 • 737 – 900ER

  13. Boeing 737 Family • The most ordered and produced commercial jet airliner in aviation history • Acknowledged by Guinness World Records on Feb. 13, 2006 when Boeing delivered the 5000th 737 to Southwest Airlines • More than 6000 ordered and over 5000 delivered • Been continuously manufactured by Boeing since 1967 • On average, Next Generation 737 airplane has 367,000 parts with only about 36.6 miles of wires • About 50 gallons of paint used, once dried it weighs approximately 250 pounds per airplane

  14. Boeing 747 Family – “Jumbo Jet” • Older versions 747 – 100 to 747 – 400D has been out of production for over 4 years • Current day fleet in production: • 747 – 400F • 747 – 400ER • 747 – 400ERF • 747 – 8 (None delivered yet)

  15. Boeing 747 Family – “Jumbo Jet” • The US President’s Aircraft “Air Force One” is a Boeing 747 • Since 1970, it held the passenger capacity record for 35 years • For the production of 747, Boeing built the largest building with regards to the volume in the world • Expected to become obsolete after sales of 400 • Outlived many of the critics’ expectations and by the end of 2006, 1380 planes have been built • The 747-400 tail height is equivalent to a six-story building • The 747-400 wing measures 5,600 sq. ft., an area large enough to hold 45 medium – sized automobiles

  16. Boeing 777 Family • All the versions of 777 family are in production till date • 777 is the very first commercial jet to be designed entirely on computer • No paper drawings of 777 were ever produced • Boeing 777 – 200LR is the world’s longest range commercial airplane • The 777 was awarded a trophy by the US National Aeronautic Association which honored it as the top aeronautical achievement of 1995 • The 777’s landing gear is the largest ever incorporated into a commercial airliner • On Nov. 9-10, 2005, a Boeing 777-200LR set a new world record distance of 11,644 nautical miles (21,601km) on a route traveling from Hong Kong to London (Heathrow) which lasted 22 hours and 42 minutes • The 777 is the first plane to have a rose names after it

  17. Future Development • Boeing 787 Dreamliner is according to Boeing what the world needs • 787 is a super-efficient airplane which will use 20 percent less fuel, as much as 50% of 787 will be made with composite materials • 787 also has unique swept-back wings • Since the launch of the program, 44 customers have placed orders for 544 airplanes which has proved it to be the most successful launch of a new commercial airplane in Boeing’s history • Boeing 747 is going to evolve to become 747-8 which is a combination of the 747 and 787 • The 747-8I is 15% more fuel efficient than 747-400 and 10% more fuel efficient than the Airbus A380 • 747-8 is Boeing’s answer to Airbus A380 • 747-8 will also be using composite materials and swept-back wings

  18. Questions?

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