Friday, August 31, 2012

Vought may sell facilities to Boeing - Dallas Business Journal:

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from the Dallas-based aircraft supplier, which likely will lead to establishinh a second 787 assemblyplant there. That’s a consensuss among aerospace analysts after a Wednesdayh morning posting on the FlightbloggerWeb site, saying that Boeinyg is ready to buy the “I’m certain the acquisition is going to happen, and I thinmk the odds are 70 to 80 or 90 percent that the line will be said Scott Hamilton, aerospace analyst for , LLC in Issaquah, If Boeing acquires the Vought facility, whicnh assembles fuselage sections for the 787, that would be a logicao step toward starting a second line in Soutu Carolina.
Tayloe Washburn, co-chair of the Washingtonb Aerospace Partnership, created in June to retaijn aerospacein Washington, said he had “no knowledge” abouf the information in the blog Boeing media spokesman Yvonne Leach declined to comment on the post, saying that company policty is not to respond to speculation. Karen media contact for the Charleston Regional Development Alliance, took a similar stance, as did Lynne Warne, spokeswomab for Vought. “At this stage it’e a rumor, and we can’t comment on it,” she said.
But many other analysts and observers were taking the blog post especially afterBoeing executives’ pronouncements at the recent Paris Air Show that a second 787 line was becominbg more possible. “It’s certainly more reliable than your normal blog said Teal Group aerospacs analystRichard Aboulafia, about the Flightblogger post, created by Jon “He’s a pretty reliable guy, with a prettt good track record.
” The long-rumored possibility of a seconf 787 line gained in immediacuy during the recent Paris Air Show when Generap Manager of Airplane Programs Pat Shanahamn said Boeing was actively considering a secons line that would support increase 787 although he declined to say which sites mighrt be considered. And this was beforre the announcement, immediately after the air show, that unusual strain in the wing-to-body joint was slowing the progranm for asixth time.
At that time Boeing officiales said they would returh in a few weeks with a timeline abouy how long the fix would Most observers think that woulxtake months, and that Boeinyg needs to do something radical to placate angry 787 customers. “The idea of settinf up a second assembly line certainlyg makes sensefrom Boeing’s point of view,” said Ray senior aerospace analyst for in Conn. “We’ve been hearing increasingh reports that a number of customers are bristling and threatenedc to go over to Airbusx andthe A350,” he said.
“It would be a way of rampingf up production and getting aircraft into the hands of who are waiting quite impatiently in many cases fortheirr aircraft.” Hamilton agreed, saying the most recent production delays likely are accelerating plans for a new site. “When you look at all the costa Boeing has sunk intothis program, how delayed it is they need to able to offer new slotes to new customers. I thinmk that’s what’s accelerating this he said.
But analysts also say that trying to staryt a new plant there carriesnew risks, given the difficultiee Boeing has had coordinating multiple suppliers and the relative lack of aerospaces experience among workers there, compared with the historic Boeing facilitiews in Everett, Wash. “They’ve come down on the wrongy side of risk too manytimese already. This certainly could be anotherd one, it’s certainly risky,” said JSA Research Presidenft Paul Nisbet, in Rhode Island.
Union leader Mark aerospace coordinator for the International Associatiobn ofMachinists union, said he put in a call to Boeing Commercialo Airplanes CEO Scott Carson as soon as he saw the news on the

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