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
airplane commercial financial operating operations performance produce
We have experienced unsatisfactory financial performance with our commercial airplane operations, ... Our expectations are that commercial airplane operations produce significant, double-digit operating margins,
ability commercial confident continued deliver flight improvement performance plan production realizing third won
Boeing continued on its flight plan in the third quarter. We won considerable new business, ... We are realizing significant performance improvement in production and are confident in our ability to deliver about 620 commercial airplanes this year.
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.
airplane anticipate appears commercial continuing demand improved market outlook overall reflects similar stable strength
The company's outlook reflects the strength of the commercial airplane market and our continuing overall improved performance. Commercial airplane demand appears stable and we anticipate 2002 deliveries to look similar to 2001.
aerospace brings business company excited grow keen knowledge mike past personal run strength taken three understanding
I'm very excited about the strength Mike brings to the CFO position. He has run our highest-margin business for the past three years, has taken personal involvement in new opportunities to grow this business, and has a keen knowledge and understanding of our company and the aerospace industry.
aerospace brings business company excited grow keen knowledge mike past personal run strength taken three understanding
I'm very excited about the strength Mike brings to the CFO position, ... He has run our highest-margin business for the past three years, has taken personal involvement in new opportunities to grow this business, and has a keen knowledge and understanding of our company and the aerospace industry.
aerospace defense excellent fit primarily provide strategic unit
This was done on our part primarily because of the excellent strategic fit that the Rockwell aerospace and defense unit provide Boeing.
advancing behind focus offered past programs several year
Boeing is advancing on several of the most important programs in its history, and I offered my resignation as a way to put the distractions and controversies of the past year behind us, and to place the focus on our performance.
becoming executing forward goal industry information leader space step
Boeing intends to be No. 1 in space. This acquisition is a significant step forward in executing our goal of becoming the industry leader in integrated, space-based information and communications.
believe consistent effective enhance goal overall return value
Consistent with our overall goal to enhance shareholder value over the long term, we believe that this is an effective way to return value to our shareholders,
business global operations reducing response
We are strategically realigning our operations in response to global business realities, ... We are reducing costs.
actions addition improve ongoing reduce
These actions are in addition to ongoing initiatives to improve productivity and reduce costs.
center corporate growth role seek
The role of the new, leaner corporate center will be to seek new growth opportunities around the globe.