Phil Condit
Phil Condit
Philip Murray Conditis an American businessman who was Chairman and Chief Executive Officerof the Boeing company from 1996 to 2003...
NationalityAmerican
ProfessionBusinessman
Date of Birth2 August 1941
CountryUnited States of America
agreement begins future less positively received street wall
One of the things Wall Street does not like is ambiguity. Now that the agreement is there, it begins to make the future look a little less cloudy, and that's positively received by Wall Street,
asia months optimistic slightly three today
I am slightly more optimistic about Asia today than I was, say, three months ago,
aerospace agreement attract believe best fair meets needs protects retain
It is a very fair agreement in my judgment. I think it meets the needs of SPEEA, and I believe it protects the long-term needs of the company, ... I believe we will be able to attract and retain the world's best aerospace engineers.
If we were going to go up in rate,
believe largest support
We believe we have the support of most of our 20 largest shareholders.
agreement bargaining full hope members pleased reached
We are pleased to have reached this agreement with the SPEEA bargaining committee, and hope that all SPEEA members give this agreement their full consideration,
air aircraft airline both business changed commercial continues demand hurt recovery satellite several slow travel
We are in a dramatically changed business environment, ... The slow recovery of both air travel and airline profitability continues to hurt demand for both aircraft and aircraft support. Demand for commercial satellite launches may be several years away from recovery.
accept commercial company losses problem terms
We don't have a problem with loans, but the terms of such loans, ... If they're on commercial terms all is well and good. But the company must accept losses on commercial terms.
aerospace businesses clear global growing major solutions
We've made it clear that we are transforming Boeing into a global aerospace solutions provider, and growing our aviation-services businesses is a major part of that transformation.
point
Overall, at this point I'm pretty positive, ... We've got things going in the right way. Now, we've got to go out and do it.
approval deeply douglas given gratified
We are deeply gratified that the (FTC) has given unconditional approval to the Boeing/McDonnell Douglas merger,
business core fit growth internal looking
We are looking at internal growth opportunities, ... We're also looking externally at things that fit with our business and that would be complementary to our core business.
aerospace among brings companies company enhances industrial merger position premier strong together truly
Today's announcement brings together two strong aerospace companies with complementary capabilities. The merger enhances our position as the No. 1 aerospace company in the world and truly among the world's premier industrial firms.
announced change continued demand employment increase market production rate reflects response strong
Today's announced production rate increase is in response to continued strong market demand for the 777, and the employment increase reflects today's rate change as well as staffing requirements for product development activities.