"“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

Friday, October 31, 2008

Boeing will cut outsourcing on 787 and on future projects - More Airbus 380's delivered

Boeing vice president for engineering Mike Denton has confirmed the company will scale back outsourced engineering on the next 787 variant (787 - 9) and reduce participation by outside partners on all future commercial aircraft programmes.

His remarks were aimed at the Boeing members of the Society of Professional Engineering Employees in Aerospace (SPEEA), a union now entering the final month of negotiations on a new labour contract.

They also indicate how big a mistake the 787's once-heralded production system relying on six major partners in three countries to make vast financial, engineering and production contributions to the Dreamliner.

Boeing mistakenly judged that its partners were capable of participating beyond build-to-print work, and then compounded that error by failing to track their progress he says. "Our engineers and production workers are basically correcting the problems that should have never come to us in the first place -- problems that are the result of the partners really not being done."

In a major volte face he went on in a company podcast today ... "We will probably do more of the design and even some of the major production for the next new airplanes ourselves as opposed to having it all out with the partners."

"We see that as building on lessons of the 787, taking advantage of the parts that were really good, but doing some course corrections so that we can not relive some of the harder lessons that we have experienced recently."

SPEEA, however, appears still far part with Boeing management on the issues. A mid-afternoon electroic message by Goforth on 30 October read: "SPEEA ends today's meeting early citing Boeing intransigence."
When will Dreamliner fly ? ScuttleBut says late '09 and if it works, enter service late 2010.
Airbus deliveries continue
Quantas have started using their first Airbus 380 on the Melbourne-Los Angeles services and from 24th October will operate the aircraft on some of its Sydney-Los Angeles services and from January will use it for some of its services to London via Singapore - wher it will compete with Singapore Airlines.
Emirates have taken delivery of their 2nd Airbus 380 for use on its Dubai-New York route which started operating on Wednesday 27 th October providing a daily service .
Two more 380's are scheduled for delivery to Emirates by the end of 2008.

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