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The Boeing Company 2002 Annual Report
The Boeing Company 200220022002 AnnualAnnualAnnual ReportReportReport Vision 2016: People working together as a global enterprise for aerospace leadership. Strategies Core Competencies Values Run healthy core businesses Detailed customer knowledge Leadership Leverage strengths into new and focus Integrity products and services Large-scale system integration Quality Open new frontiers Lean enterprise Customer satisfaction People working together A diverse and involved team Good corporate citizenship Enhancing shareholder value The Boeing Company Table of Contents Founded in 1916, Boeing evokes vivid images of the amazing products 1 Operational Highlights and services that define aerospace. Each day, more than three million 2 Message to Shareholders passengers board 42,300 flights on Boeing jetliners, more than 345 8 Corporate Essay satellites put into orbit by Boeing launch vehicles pass overhead, and 16 Corporate Governance 6,000 Boeing military aircraft stand guard with air forces of 23 countries 18 Commercial Airplanes and every branch of the U.S. armed forces. 20 Integrated Defense Systems We are the leading aerospace company in the world and a top U.S. 22 Boeing Capital Corporation exporter. We hold more than 6,000 patents, and our capabilities and 24 Air Traffic Management related services include formulation of system-of-systems solutions, 26 Phantom Works advanced information and communications systems, financial services, 28 Connexion by BoeingSM homeland security, defense systems, missiles, rocket engines, launch 30 Shared Services Group systems and satellites. 32 Financials But Boeing is about much more than statistics or products, no matter 88 Selected Products, how awe-inspiring. It’s also about the enterprising spirit of our people Programs and Services working together to provide customers the best solutions possible. -
In the Court of Chancery of the State of Delaware
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE THOMAS P. DiNAPOLI, COMPTROLLER OF THE STATE OF NEW YORK, AS ADMINISTRATIVE PUBLIC VERSION HEAD OF THE NEW YORK STATE FILED ON: June 30, 2020 AND LOCAL RETIREMENT SYSTEM, AND AS TRUSTEE FOR THE NEW YORK STATE COMMON RETIREMENT FUND, and FIRE AND POLICE PENSION ASSOCIATION OF COLORADO, Plaintiffs, v. C.A. No. 2020-0465-AGB KENNETH M. DUBERSTEIN, MIKE S. ZAFIROVSKI, ARTHUR D. COLLINS JR., EDWARD M. LIDDY, ADMIRAL EDMUND P. GIAMBASTIANI JR., DAVID L. CALHOUN, SUSAN C. SCHWAB, RONALD A. WILLIAMS, LAWRENCE W. KELLNER, LYNN J. GOOD, ROBERT A. BRADWAY, RANDALL L. STEPHENSON, CAROLINE B. KENNEDY, W. JAMES MCNERNEY JR., DENNIS A. MUILENBURG, KEVIN G. MCALLISTER, RAYMOND L. CONNER, GREG SMITH, J. MICHAEL LUTTIG, GREG HYSLOP, and DIANA L. SANDS, Defendants. and THE BOEING COMPANY, Nominal Defendant. VERIFIED STOCKHOLDER DERIVATIVE COMPLAINT {FG-W0467081.} Plaintiffs Thomas P. DiNapoli, Comptroller of the State of New York, as Administrative Head of the New York State and Local Retirement System, and as Trustee of the New York State Common Retirement Fund, and Fire and Police Pension Association of Colorado, stockholders of The Boeing Company (“Boeing,” the “Company,” or “Nominal Defendant”), bring this action on Boeing’s behalf against the current and former officers and directors identified below (collectively, “Defendants”) arising from their failure to monitor the safety of Boeing’s 737 MAX airplanes. The allegations in this Complaint are based on the knowledge of Plaintiffs as to themselves, and on information and belief, including the review of publicly available information and documents obtained under 8 Del. -
Boeing Debuts 787-10 Dreamliner. the Boeing
50SKYSHADESImage not found or type unknown- aviation news BOEING DEBUTS 787-10 DREAMLINER News / Manufacturer Image not found or type unknown The Boeing 787-10 Dreamliner, the third member of the 787 Dreamliner family, made its debut at Boeing South Carolina. Thousands of employees at the North Charleston, S.C. site celebrated the event, along with U.S. President Donald Trump and South Carolina Governor Henry McMaster. “What’s happening here at Boeing South Carolina is a true American success story,” said Dennis Muilenburg, Boeing chairman, president and CEO. “In just a few short years, our © 2015-2021 50SKYSHADES.COM — Reproduction, copying, or redistribution for commercial purposes is prohibited. 1 team has transformed a greenfield site into a modern aerospace production facility that is delivering 787s to airlines all over the world and supporting thousands of U.S. jobs in the process.” The 787-10, built exclusively at Boeing South Carolina, will now be prepared for its first flight in the coming weeks. “This airplane, the most efficient in its class, is the result of years of hard work and dedication from our Boeing teammates, suppliers and community partners in South Carolina and across the globe,” said Kevin McAllister, Boeing Commercial Airplanes president and CEO. “We know our customers, including launch customer Singapore Airlines, are going to love what the 787-10 will do for their fleets, and we can’t wait to see them fly it.” Boeing will deliver the 787-10 to airlines in 2018. The airplane has won 149 orders from nine customers across the globe. The 787-10, the longest model of the Dreamliner family, will grow the nonstop routes opened by the 787-8 and 787-9 with unprecedented efficiency. -
South Carolina's Competitive EDGE Aerospace Industry
AEROSPACE INDUSTRY SOUTH CAROLINA TAKES FLIGHT AEROSPACE INDUSTRY 2 Boeing Soars to New ADDING VALUE TO YOUR WORKFORCE Heights in South Carolina The ROI of Military Hires 10 Youth Apprenticeship is a Big Win for Venture Aerobearings Today’s armed forces are a highly trained, motivated workforce. They bring leadership and management skills to the table — soft skills that are hardest to grow. Employers can teach business and industry skills, 12 Lockheed Martin: but service members arrive with the talent and proficiencies needed to take any organization to the next Flying High in SC for level. over 30 Years Active duty or retired, most veterans and service members embody certain core values unique to military service: attributes like discipline, battle-tested leadership, a solid work ethic, trainability, adaptability and 15 GKN: Making Things the ability to thrive under pressure. Fly in SC Employers and hiring managers can access this desirable workforce through Operation Palmetto 18 AMT South Carolina: Employment (OPE), South Carolina’s military hiring initiative. At no cost, OPE supports business owners Discovering the Keys and hiring managers by providing pre-screened military applicants based on your qualifications. There to Success are many opportunities to participate in military-specific job fairs and hiring events statewide. Companies that pledge to hire and retain South Carolina’s transitioning service members can also receive special recognition and training by applying to become a certified Palmetto Military Employer (PME). 21 Building Aerospace Training Capacity Across the State To learn more about how OPE can help increase your human capital, visit OperationPalmettoEmployment.sc.gov or call (803) 299-1713. -
Rationale for Aircraft Leasing
icf.com/aviation Why Are Airlines Leasing More Aircraft? Mylene Scholnick, ICF Senior Advisor 30 October 2018 . Background . The Role of Operating Lessors . Rationale for Aircraft Leasing . New Chinese Lessors Agenda ICF proprietary and confidential. Do not copy, distribute, or disclose. Background ICF proprietary and confidential. Do not copy, distribute, or disclose. 3 BACKGROUND Global passenger traffic has doubled every 15 years in the commercial jet era… HISTORICAL WORLD TRAFFIC (RPKS) AND GLOBAL GDP GROWTH, 1990-2017 (INDEXED 1990 = 100) 7% Financial 500 Crisis 6% September 11 450 400 5% Asian Crises 350 4% 1st Gulf War 300 3% 250 2% 200 1% 150 0% 100 -1% 50 World GDP Growth Indexed GDP Indexed RPKs Source: ICAO; IATA Airline Industry Economic Performance June 2018; IMF, World Economic Outlook, October 2018 ICF proprietary and confidential. Do not copy, distribute, or disclose. 4 BACKGROUND ..And demand for air travel is expected to continue growing… AIR PASSENGERS ANNUAL FORECASTED GROWTH RATE 12% . Current trend in traffic growth is anticipated to 10% continue over the near term, with strong traffic 8% growth, anticipated to accelerate between 2017 6% and 2018 and slow down in 2019-2020 . Regionally, traffic growth is expected to be 4% uneven, ranging between 3.5% and 7.8% 2% through 2020. 0% . The strongest growth is predicted in Africa, Asia, 2016 2017 2018 2019 2020 -2% the Middle East, and Latin America. The overall world trend is forecasted around the 4.8% average through 2020. Global North America Europe Asia Latin America Middle East Africa Source: IATA Passenger Forecast, 2016 ICF proprietary and confidential. -
Boeing Environment Report 2017
THE BOEING COMPANY 2017 ENVIRONMENT REPORT BUILD SOMETHING CLEANER 1 ABOUT US Boeing begins its second century of business with a firm commitment to lead the aerospace industry into an environmentally progressive and sustainable future. Our centennial in 2016 marked 100 years of Meeting climate change and other challenges innovation in products and services that helped head-on requires a global approach. Boeing transform aviation and the world. The same works closely with government agencies, dedication is bringing ongoing innovation in more customers, stakeholders and research facilities efficient, cleaner products and operations for worldwide to develop solutions that help protect our employees, customers and communities the environment. around the globe. Our commitment to a cleaner, more sustainable Our strategy and actions reflect goals and future drives action at every level of the company. priorities that address the most critical environ- Every day, thousands of Boeing employees lead mental challenges facing our company, activities and projects that advance progress in customers and industry. Innovations that reducing emissions and conserving water and improve efficiency across our product lines resources. and throughout our operations drive reductions This report outlines the progress Boeing made in emissions and mitigate impacts on climate and challenges we encountered in 2016 toward change. our environmental goals and strategy. We’re reducing waste and water use in our In the face of rapidly changing business and facilities, even as we see our business growing. environmental landscapes, Boeing will pursue In addition, we’re finding alternatives to the innovation and leadership that will build a chemicals and hazardous materials in our brighter, more sustainable future for our products and operations, and we’re leading the employees, customers, communities and global development of sustainable aviation fuels. -
The Boeing Company 2014 Annual Report
The Boeing Company 100 North Riverside Plaza Chicago, IL 60606-1596 Leading Ahead USA The Boeing Company 2014 Annual Report The Boeing Company Contents Boeing is the world’s largest aerospace Operational Highlights 1 company and leading manufacturer Message From Our Chairman 2 Engagement of commercial airplanes and defense, The Executive Council 8 space and security systems. The top U.S. exporter, Boeing supports airlines Form 10-K 9 and U.S. and allied government Non-GAAP Measures 122 customers in more than 150 countries. Our products and tailored services Selected Programs, Products and Services 123 include commercial and military air- craft, satellites, weapons, electronic Shareholder Information 132 and defense systems, launch systems, Board of Directors 133 advanced information and communica- Company Officers 134 tion systems, and performance-based logistics and training. With corporate offices in Chicago, Boeing employs more than 165,000 people across the United States and in more than 65 countries. In addition, our enterprise leverages the talents of hundreds of thousands of skilled people working for Boeing suppliers worldwide. Visit us at boeing. Visit us at boeing. com/investorrelations com/community to to view our annual view our Corporate reports and to find Citizenship Report additional information and other information about our financial about how Boeing is performance and working to improve Boeing business communities world- practices. wide. Cover image: Artist concept of Boeing’s CST-100, the next-generation Visit us at boeing. Visit us at boeing. human-rated space- com to learn more com/environment to craft for NASA’s Crew about Boeing and view our current Transportation Sys- how extraordinary Environment Report tem, shown approach- innovations in our and information on ing the International products and how the people of Space Station. -
Aviation Industry Leaders Report 2021: Route to Recovery
The Aviation Industry Leaders Report 2021: Route to Recovery www.aviationnews-online.com www.kpmg.ie/aviation KPMG REPORT COVERS 2021.indd 1 20/01/2021 14:19 For what’s next in Aviation. Navigating Change. Together. Your Partner For What’s Next KPMG6840_Aviation_Industry_Leaders_Report REPORT COVERS 2021.indd 2021 2 Ads x 4_Jan_2021.indd 4 19/01/202120/01/2021 15:37:29 14:19 CONTENTS 2 List of 10 Regional Review 24 Airline Survivorship 36 Return of the MAX 54 Chapter Four: The Contributors and Post-Covid World Acknowledgements Chapter One Assessing which Boeing’s 737 MAX incorporates a regional airlines will survive the aircraft was cleared for The recovery from 4 Foreword from Joe review of the aviation immediate health crisis return to service after the devastation the O’Mara, Head of market. and the subsequent the US Federal Aviation coronavirus pandemic Aviation, KPMG recovery period has Administration officially has wrought on the 18 Government rescinded the grounding world is expected to be Ireland become an essential Lifelines skill for lessors, lenders order. Industry experts slow but how will the 6 Chapter One: and suppliers. discuss the prospects new world environment This section takes a for the aircraft type and impact demand for air Surviving the Crisis deep dive into the levels 28 Chapter Two: Fleet how it will be financed. travel. This chapter also of government support considers the impact This chapter considers Focus for the aviation industry 44 Chapter Three: The of climate change the macroeconomic and around the world and Airlines are likely to Credit Challenge concerns on the aviation geopolitical shock of the considers its impact emerge from the crisis coronavirus pandemic industry. -
Boeing Environment Report 2017
THE BOEING COMPANY 2018 ENVIRONMENT REPORT BUILD SOMETHING CLEANER 1 TABLE OF CONTENTS Cover photo: The 737 MAX 7—12 percent more energy efficient than the airplanes it replaces—is the newest member of the 737 MAX family. It began flight testing in 2018. Photo above: Flowers and wind turbines sprout from the Wild Horse Wind and Solar Facility in central Washington State. The Puget Sound Energy facility generates a portion of the electricity that powers Boeing’s 737 factory in Renton, Washington. Renewable energy sources generate 100 percent of the electricity used at the 737 factory and the 787 Dreamliner factory in North Charleston, South Carolina. ABOUT US The commitment is seen in products This report also shares the stories Boeing is the world’s largest and services that deliver market of employees and partners whose leading energy efficiency. In 2017, leadership, creativity and dedication aerospace company. Every Boeing delivered 933 commercial are making a difference in Boeing’s day, through innovation and and military aircraft to customers aspiration to be the best in aerospace across the globe, products that set and an enduring global industrial commitment, the work of more the standard for reductions in fuel champion. use, emissions and community noise. With pride in our accomplishments to than 140,000 employees across The operations of our factories, date and commitment to accelerate the United States and in offices and other facilities in 2017 the progress, Boeing’s goals and surpassed targets for resource strategy will help strengthen the 65 countries is helping build conservation, further improving company’s global environmental our environmental performance leadership and enhance lives and a more sustainable future for and footprint. -
Boeing Frontiers Takes a Look at Some of the People from Across the Enterprise Who Also Say They Have the Best Job in the Company
December 2006/January 2007 Volume V, Issue VIII www.boeing.com/frontiers GREAT JOB! Mike Duffy, an aerodynamics engineer in Philadelphia, says he has the best job at Boeing. Look inside to read more about him—and TECH’S ‘CHALLENGE’ others who say they have Warming to an important Boeing’s best job. program, amid Alaska’s chill. Center pullout, after Page 34 HOW YOU CAN HELP Jim McNerney: 5 things you can do to make Boeing better. Page 6 It takes an excellent company to do one thing well. It takes an extraordinary company to do many things well. Which is precisely why Boeing values its partnership with Cobham. A partnership that produces state-of-the-art results on projects ranging from Unmanned Air Vehicles to Future Combat Systems. One of the many things Cobham does well, is being a good partner. ` 1" = 1" = 1" Scale: 114803_a01 B & C F 11/17/06 PH This is the seventh in a series of new ads created to build awareness of Boeing and its many valuable partnerships in the United Kingdom. Boeing, the largest overseas customer of the UK aerospace industry, currently partners with more than 300 businesses and universities around the country. The advertising campaign has appeared in The Sunday Tımes, The Economist, New Statesman and other UK publications, and complements current Boeing business and communications activities in that nation. JOB NUMBER: BOEG-0000-M2457 Version: C FRONTIERS CLIENT: Boeing PRODUCT: Corporate Communications DIVISION: None Date: 11/17/06 4:39 PM Colors: Cyan, Magenta, Yellow, PDM: Scott Simpson File Name: m2457vC_r0_Cbhm_Frnt.indd Black Editor: Pat Owens Media: ADV Mag Fonts: Helvetica (Light Oblique, Light; Type 1), QC: Yanez Color Sp: 4C FRONTIERS Agenda (Light; Type 1) Images: m2457CT01_PgCbhm_HR_r2.eps (339 ppi), Print Producer: Kim Nosalik Scale: 1=1 Boeing-FNF_rev_ad-StPg.eps Traffi c Supervisor: Kelly Riordan Bleed: 8.875 in x 11.25 in Headline: Boeing and the curious.. -
Shaping the Future Wind Tunnel Testing Helps Boeing Shape 737 MAX— and the Future of Flight
Frontierswww.boeing.com/frontiers JULY 2012 / Volume XI, Issue III Shaping the future Wind tunnel testing helps Boeing shape 737 MAX— and the future of flight PB BOEING FRONTIERS / JULY 2012 1 BOEING FRONTIERS / JULY 2012 On the Cover Tunnel vision Computer simulations are crucial in developing the aerodynamics of Boeing aircraft, but at some point it’s time to turn on the wind! From 22 the B-47 bomber to the 787 Dreamliner, what Boeing engineers learn from testing models in wind tunnels has shaped the future of flight. Today, another Boeing jet, the 737 MAX, is undergoing this rigorous testing that comes early in the development process. COVER IMAGE: BOEING ENGINEER JIM CONNER PREPARES A MODEL OF THE 737 MAX FOR TESTING IN THE TRANSONIC WIND TUNNEL IN SEATTLE. BOB FERGUSON/BOEING PHOTO: A LOOK AT THE HIGH-SPEED DIFFUSER OF THE BOEING VERTICAL/SHORT TAKEOFF AND LANDING WIND TUNNEL IN PHILADELPHIA. FRED TROILO/BOEING Ad watch The stories behind the ads in this issue of Frontiers. Inside cover: Page 6: Back cover: This ad was created This ad for the new Every July, the Boeing to highlight Boeing’s 747-8 Intercontinental is Store commemorates Commercial Crew running in Chinese trade Boeing’s anniversary Development System, and business publications with a weeklong a reliable, cost-effective and Aviation Week. celebration, offering and low-risk solution The headline speaks to special merchandise, for commercial space the airplane’s striking gifts and free birthday transportation. The beauty (new Boeing Sky cake in the stores. ad is running in trade Interior), classic elegance This ad for the 2012 publications. -
Plant Power! Securing Aerospace’S Future Energy Needs
Frontierswww.boeing.com/frontiers MARCH 2012 / Volume X, Issue X Plant power! Securing aerospace’s future energy needs PB BOEING FRONTIERS / MARCH 2012 1 BOEING FRONTIERS / MARCH 2012 On the Cover Powering the future Only five years ago, the idea that fuel made from plants could power military and commercial jets was mostly a dream. Today, it’s reality. Although Boeing has no plans to 16 produce aviation biofuels, it’s taking a leading role in accelerating their development to help improve the environment worldwide. COVER IMAGE: A 747-8 INTERCONTINENTAL, WHICH HAS BEEN USED ALONG WITH OTHER BOEING COMMERCIAL AND MILITARY AIRCRAFT FOR BIOFUELS TESTS, IS DEPICTED FLYING ABOVE A FIELD OF RAPESEED, PART OF A PLANT FAMILY CONSIDERED A POSSIBLE BIOFUEL FEEDSTOCK. PHOTO ILLUSTRATION BY BRANDON LUONG/BOEING; 747-8 PHOTO: BOEING; RAPESEED PHOTO: SHUTTERSTOCK PHOTO: AN ETIHAD 777-300ER (EXTENDED RANGE) IS FILLED WITH A BLEND OF TRADITIONAL JET FUEL AND A BIOFUEL BASED ON RECYCLED VEGETABLE COOKING OIL BEFORE ITS DELIVERY FLIGHT FROM SEATTLE TO THE UNITED ARAB EMIRATES. PHOTO: ED TURNER/BOEING Ad watch The stories behind the ads in this issue of Frontiers. Inside cover: Page 6: Back cover: “787 Dreamliner: Game- This ad highlights Boeing’s In December, FedEx changing innovation” is KC-46 Aircrew Training Express announced a one in a series of videos System and its full firm order for 27 Boeing on innovation at Boeing integration and concurrent 767-300 Freighters. told by employees such development with the This ad celebrates the as Tom Cogan. Learn new KC-46 Tanker.