August 30, 2014 1:25 PM ET

Aerospace and Defense

Company Overview of Boeing Commercial Airplanes, Inc.

Company Overview

Boeing Commercial Airplanes, Inc. manufactures airplanes, aircrafts, and commercial jetliners. It offers commercial airplanes, business jets, and government, military and VIP airplanes; and also engages in aircraft trading. The company also provides airplane services, including used aircraft sales and leasing, maintenance, modifications, spare parts sales, material management, fleet enhancements and modifications, and engineering services. In addition, Boeing offers flight operations support for airline flight operations, including information-management solutions and a global training network, as well as flight technical publications, such as flight manuals, dispatch deviation guides, equip...

1901 Oakesdale Avenue SW

Seattle, WA 98055

United States

Phone:

206-655-1131

Fax:

206-655-7004

Key Executives for Boeing Commercial Airplanes, Inc.

Vice Chairman
Age: 59
Chief Financial Officer
Age: 59
Chairman
Age: 65
Chief Executive Officer of Boeing Defense
Age: 53
President of Boeing International And Senior Vice President of Business Development and Strategy-Boeing Company
Age: 61
Compensation as of Fiscal Year 2014.

Boeing Commercial Airplanes, Inc. Key Developments

Boeing Commercial Airplanes Announces Revenue Results for the Second Quarter Ended June 30, 2014

Boeing Commercial Airplanes announced revenue results for the second quarter ended June 30, 2014. The company reported revenue increased 5.0% to USD 14.3 billion on higher deliveries.

Boeing Commercial Airplanes Announces New Version of 737 Max

Boeing Commercial Airplanes announced a new version of the forthcoming 737 MAX family that's capable of carrying more passengers, something long requested by the 737 customer Ryanair. It will launch an update of its A330 midsize twinjet with new fuel-efficient engines. The company will launch a 200-seat, all-economy version of the 737 MAX8, aimed at low-cost carriers. To make possible an extra 11 seats beyond the standard 189, it will add an extra exit door just to the rear of the wing, the same one as on the larger 737 MAX9. That's needed to comply with safety regulations, to ensure that 200 people could exit quickly in an emergency. The 11 extra fares on each flight, and extra revenue, would improve the jet's operating cost by 5%, making it 20% better than the current 737NG model. The extra weight carried would reduce efficiency by just 1% each trip. The move seems to be a counter to Airbus studies aimed at finding a way to increase the seat capacity of the rival A320neo to match the original MAX seating of 189 passengers. The new model would have seats measuring just 29 inches from seat back to seat back. The standard is typically 30 to 31 inches.

Boeing Commercial Airplanes Reports Earnings Results for the First Quarter of 2014; Provides Earnings Guidance for the Full Year of 2014

Boeing Commercial Airplanes reported earnings results for the first quarter of 2014. For the quarter, the company reported earnings from operations was $1,502 million $1,219 million a year ago. Boeing Commercial Airplanes first-quarter revenue increased to $12.7 billion on higher 787 and 737 deliveries. The company provided earnings guidance for the full year of 2014. For the period, the company expects revenues were to be in the range of $57.5 million - $59.5 million and operating margin was 10%.

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