Christopher Mecray
Christopher Mecray
deal door driven generous impact less planes terms turnaround wage
The terms of this deal are very generous to the union. I don't think it has any impact on the turnaround at Boeing, which is driven by productivity improvement, getting more planes out the door with less cost. It's independent of wage assets.
lower starts stock
My sense is that the stock is going to stabilize here. You get much lower than this and it starts to get to be real overreaction.
contract covered impact issue number outside presumably small union
It would presumably only impact a small number of people. Everyone in the union is outside of this issue because they're covered in contract language.
agent area change definitely equal financial lack leadership loss major order wall within
It's definitely a surprise. She's only been there a year, and she has been a major agent of change for the company. Her loss is very real because the lack of her leadership within the financial organization could be a real problem. Boeing is going to have to find someone of equal pro-activity in that area in order to keep up Wall Street's confidence.
assuming cost demand driver internal last less orders percent reduced run side
The orders have already slumped this year. They're 40 percent to 50 percent off last year's run rate. We're already assuming reduced demand. The real driver is less the demand side and more the internal cost side.