Phil Condit
Phil Condit
Philip Murray Conditis an American businessman who was Chairman and Chief Executive Officerof the Boeing company from 1996 to 2003...
NationalityAmerican
ProfessionBusinessman
Date of Birth2 August 1941
CountryUnited States of America
aerospace agreement attract believe best fair meets needs protects retain
It is a very fair agreement in my judgment. I think it meets the needs of SPEEA, and I believe it protects the long-term needs of the company, ... I believe we will be able to attract and retain the world's best aerospace engineers.
believe largest support
We believe we have the support of most of our 20 largest shareholders.
believe future gives great lead opportunity people
I believe that the combination gives our nation, our company, and our people great opportunity for the future because, by working together, we can lead the world in aerospace,
acquired american-businessman believe business future simple systems
In simple terms, we are aligning our business today with the way we believe future systems are going to be designed, acquired and maintained.
aviation balanced believe capable company forge historic moment together
This is an historic moment in aviation and aerospace. Together I believe we can forge a balanced and capable company for the future.
believe consistent effective enhance goal overall return value
Consistent with our overall goal to enhance shareholder value over the long term, we believe that this is an effective way to return value to our shareholders,
aerospace businesses clear global growing major solutions
We've made it clear that we are transforming Boeing into a global aerospace solutions provider, and growing our aviation-services businesses is a major part of that transformation.
point
Overall, at this point I'm pretty positive, ... We've got things going in the right way. Now, we've got to go out and do it.
heading market passenger service towards
We think the market is heading towards more point-to-point service. You as the passenger want to get where you want to go, and that's not necessarily through a hub.
changes concluded management team
We concluded there must be significant changes in the composition of the management team at this time.
aerospace among brings companies company enhances industrial merger position premier strong together truly
Today's announcement brings together two strong aerospace companies with complementary capabilities. The merger enhances our position as the No. 1 aerospace company in the world and truly among the world's premier industrial firms.
announced change continued demand employment increase market production rate reflects response strong
Today's announced production rate increase is in response to continued strong market demand for the 777, and the employment increase reflects today's rate change as well as staffing requirements for product development activities.
approval deeply douglas given gratified
We are deeply gratified that the (FTC) has given unconditional approval to the Boeing/McDonnell Douglas merger,
accept commercial company losses problem terms
We don't have a problem with loans, but the terms of such loans, ... If they're on commercial terms all is well and good. But the company must accept losses on commercial terms.