Boeing Chairman and Chief Executive Jim McNerney said " the company is benefiting from world-wide expansion of passenger air traffic, even as the global economy faces head winds such as the credit crisis in Europe" . Boeing, the largest leading aerospace company, and the top aircrafts' manufacture around the nations. Boeing reported a 31% increase in third-quarter profit, sharply exceeding Wall Street forecasts. Even as the unstable global economy in the world, and specially in Europe, the company estimates to sell of 25 to 30 of the new model airplanes.
I would say, Boeing company is not only challenging its competitors, Boeing challenging the whole world! As we can understand from Boeing's Chief Executive, Boeing's products are indispensable. No matter what's happening in the countries' economics, and politics crisis. Boeing's products will be sold whatever going on. I think this is a clear message to Boeing's competitors such as, Airbus which means that Boeing will be always on the top.
Related breaking news to same company, Boeing's Chief Financial Officer James Bell, the best African-American employee in the plane-maker's plans to retire in April, and he will be replaced by Greg Smith. (http://online.wsj.com/article/SB10001424052970204528204577011890129827730.html?mod=WSJ_qtoverview_wsjlatest)
By Saoud Sulaymani
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