"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "

Chinese premier Wen Jiabao 12th March 2009

""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."

Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Wednesday, August 06, 2008

Boeing share prices jumps - again - closes tdoay US$ 65.50 up 70 cents = 1.08% on dayy

Boeing share price took a jump yesterday with some heavy buying (opened today 3 cents up US$64.83). Maybe it is due to the remorseless search for lightening the weight, improving fuel efficiencies of their hugely successful airliners - could it be due to the fascinating news that FAA certification has been given for the new carbon brakes designed for the Next-Generation 737.If so, take note GM / Ford / Chrysler.

The Carbon brakes weigh 700 pounds (320 kg) less than high-capacity steel brakes supplied by the cheese eating surrender monkeys at Safran group , Messier-Bugatti (they first introduced carbon brakes on the Airbus A310 in 1986), also entered service last week when Boeing delivered a Next-Generation 737-700 to Delta Air Lines -- the first of 10 737-700s the airline will receive over the next several years (550 lbs - 250 KG less on the Next-Generation 737-600s and -700s.

Reduced weight makes a major contribution to fuel burn and nasty CO2 / NO2 emissions.

Delta Air Lines 737-700's also feature Blended Winglets (wing tip extensions) to improve operating and fuel efficiency simultaneously.

The Messier-Bugatti SepCarb® III OR A which incorporate a special treatment allows them to more effectively resist the oxidation to which the brake disks are susceptible as a result of temperature, humidity or some de-icing products. They are now fitted on all the Airbus A319s and A320s and on the C-17 Globemaster IIIs that are now coming off the production line.

Boeing adding Messier-Bugatti of the Safran Group and Goodrich's Aircraft Wheels and Brakes group to its 7E7 Dreamliner global supplier team as providers of electric brakes in November 2004.

Messier-Bugatti has been recognized as one of Boeing’s “Silver” suppliers, representing fewer than 2% of the aircraft manufacturer’s suppliers, and capable of delivering 98% of equipment on time, with a quality rate of 99.7%.

The first use of carbon brakes was on F1 racing cars. Lewis Hamilton won the British Grand Prix at Silverstone in his McLaren-Mercedes on Sunday, July 6, marking the 250th victory for a car equipped with Messier-Bugatti carbon brakes since the first victory by Alain Prost’s McLaren in the Brazilian Grand Prix in 1984.

Perhaps it was Motley Fool who pointed out yesterday ..."These stocks are cheap In fact, many good stocks are cheap right now. Boeing (NYSE: BA) .. hit a 3 year low."

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