Boeing Commercial Airplanes

29 Pages·2006·1.25 MB·English

Boeing Commercial Airplanes
Boeing Commercial
Airplanes
Alan Mulally
Executive Vice President, The Boeing Company
President and Chief Executive Officer, Commercial Airplanes
May 17, 2006
BOEING is a trademark of Boeing Management Company.
Copyright ©2006 Boeing. All rights reserved. 1
Boeing Commercial Airplanes
Annual Investor Conference | Boeing Commercial Airplanes
(cid:131) Performance
(cid:131) Business Environment
(cid:131) Near and Long-term
(cid:131) Product Development
(cid:131) Airplanes, Services and Solutions
(cid:131) Productivity
(cid:131) Lean Global Enterprise
Copyright ©2006 Boeing. All rights reserved. 2
Slideshow is not viewed on webcast
Boeing Commercial Airplanes
5
2
0
0
Our Journey Continues
BOEING is a trademark of Boeing Management Company.
Copyright ©2006 Boeing. All rights reserved. 3
| 3
BCA 2005 Accomplishments as of 5/17/2006
Performance and Outlook
Boeing Commercial Airplanes
Airplane Deliveries Revenues Margins
500 S30 29.5 – 30.5 10% > 10%
Billions
~27.5 > 9%
440 - 445
400 8%
~395
22.7
$20 21.0
6.3%
300 6%
290
285
4%
200
$10 3.6%
100
2%
0
$0 0%
04 05 06E 07E 04 05 06E 07E
04 05 06E 07E
Delivering growth and profitability
Delivering growth and profitability
Copyright ©2006 Boeing. All rights reserved. 4
People Working Together as a Global
Enterprise for Aerospace Leadership
Boeing Commercial Airplanes
as measured by:
Prefer Boeing
Customer,
Top
Employee,
quartile
Goal
Top
Investor,
quartile
Creating value
through profitable
Good
growth for all & Community
neighbor
satisfaction
Copyright ©2006 Boeing. All rights reserved. 5
Creating Value Roadmap
Boeing Commercial Airplanes
Business
Environment &
Core Competencies
Opportunities
• Detailed customer
• Geopolitical knowledge
• Markets • Large-scale
Continuously
• Customers system integration
• Competition • Lean global
Exploiting
• Partners enterprise
• Technology Growth
Plan and Opportunities Strategy
Performance • Products
• Process
• Revenue/Share
• People
• Earnings/Margins
• Assets/Turns
• EP/Cash/Value
• Opportunities and Risks
Creating the future … today
Creating the future … today
Copyright ©2006 Boeing. All rights reserved. 6
Global Business Environment
Boeing Commercial Airplanes
(cid:131) Good long-term global market
(cid:131) Traffic outpacing capacity growth
(cid:131) Yields and productivity rising
(cid:131) Airlines profitable despite high fuel costs
(cid:131) U.S. airlines restructuring
(cid:131) Industry continues to restructure
(cid:131) Liberalization
(cid:131) Technology
(cid:131) New business models
(cid:131) Fuel prices, terrorism, security
(cid:131) Continued aggressive competition
(cid:131) Growth opportunities
Industry growth is broad-based
Industry growth is broad-based
Copyright ©2006 Boeing. All rights reserved.
Long-Term Global Growth Market
Boeing Commercial Airplanes
10,000
•Liberalization
8,000 •Technology
s
K
P •Fragmentation
R

s
n 6,000
o Sept 11
i
l
il SARS
B
- Iraq

l Gulf War
e 4,000
v
Crisis
a
r
T
LLoonngg--TTeerrmm GGrroowwtthh RRaatteess::
GGDDPP == 33%%
2,000
PPaasssseennggeerrss == 55%%
CCaarrggoo == 66%%
0
1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020
Copyright ©2006 Boeing. All rights reserved. 8
Long-Term Traffic Growth Trends Continue
Boeing Commercial Airplanes
Index (1980=100) Nonstop markets>3,000 statute miles
1200
ASKs
1000
Frequency Growth
Airport Pairs
800
Airplane Size in Seats
600
400
200
0
1980 1990 2000 2010 2020
Airlines will continue to address passenger desires for
Airlines will continue to address passenger desires for
non-stops and frequencies
non-stops and frequencies
Copyright ©2006 Boeing. All rights reserved. 9
Detailed Customer Knowledge and Focus
Boeing Commercial Airplanes
EEuurrooppee//AAffrriiccaa//
AAmmeerriiccaass
MMiidd EEaasstt
Asia Pacific
Copyright ©2006 Boeing. All rights reserved. 10