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
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.
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.
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.
center corporate growth role seek
The role of the new, leaner corporate center will be to seek new growth opportunities around the globe.
actions addition improve ongoing reduce
These actions are in addition to ongoing initiatives to improve productivity and reduce costs.
communication extremely percent production satellite space systems
Satellite production is about 5 percent of our space and communication businesses. The big part is systems integration, and that is doing extremely well.
adding company enhance entire expanding fixing focused lessen managing operations team value
Our entire team is focused on managing this company for value -- fixing or eliminating those operations that lessen value and expanding or adding those that enhance value,
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,
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.
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.
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.
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.