Friday, January 8, 2010

Boeing dollars down 90%

http://seattletimes.nwsource.com/html/businesstechnology/2010729991_boeing08.html

That is because they had to pay Billions in penalties for non delivery of the 787. If you read the article it says production of the 737 and 777 were at record levels (those are the planes that are built in the USA and actually get delivered). The 787 outsourced around the world and 2 1/2 years behind schedule still hasn't made the company a dime and in fact it costs them every month.

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