William Boeing studied at Yale engineering college before leaving to make his fortune on the West Coast. After trading forestlands, Boeing moved to Seattle, Washington. In 1910, he attended the first American air meet in Los Angeles. He returned to Seattle eager to explore the new field of aviation. The next five years afforded Boeing the opportunity to discuss all the possibilities with George Westervelt, a Navy engineer that had studied at the Massachusetts Institute of Technology and taken several aeronautics courses. They quickly determined that they could build the best airplane on the market.
Although Westervelt’s naval duties called him east before they finished constructing their first plane, Boeing continued constructing the B&Ws. Boeing incorporated the company as Pacific Aero Products Co. in 1916, but renamed it the Boeing Airplane Co. a year later. By 1917, the company employed 28 people from pilots to boat builders. When the company faced financial difficulties, Boeing used his own resources to guarantee a loan that covered wages.
World War I created the first large-scale demand for American airplanes. The Navy needed training planes, and officers were determining which models to purchase at the base in Pensacola, FL. Because the Model C seaplane could not fly from Seattle to the base, Boeing shipped two planes, by train, across the country. The demonstration went well and the Navy ordered 50 airplanes. By 1918, Boeing had 337 employees on payroll.
When the war ended, the military’s demand for airplanes ceased. Even civilian planes met limited demand. Boeing Airplane Co. was competing with war-surplus airplanes. In order to survive, the company began building furniture and sea sleds. Although Boeing received limit...
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http://www.airbus.com/company/history/the-narrative/early-days-1967-1969/
http://media.pearsoncmg.com/ph/bp/bp_mylabs/akamai/template/video640x480.php?title=Airbus%20vs%20Boeing&clip=pandc/bp/2012/MGMT/IB/AirbusBoeing_H.264.mov&caption=bp/bp_mylabs/akamai/2012/MGMT/IB/xml/AirbusBoeing.adb.xml
http://www.bloomberg.com/news/2011-09-07/fedex-said-to-weigh-boeing-airbus-wide-body-order-to-renew-delivery-fleet.html
Planes have developed immensely through the years. The Wright brothers developed the first plane in 1903.
The preflight arrangements for Charles A. Lindbergh’s flight began in early 1927. Charles A. Lindbergh presented his proposal to Knight, Bixby, and other St. Louis businesspersons whom were impressed with Lindbergh’s confidence and agreed to sponsor his flight. Lindbergh had setup a $15,000 budget and $2,000 of which was Lindberghs. A name, the Spirit of St. Louis, was established. Lindbergh was to choose the plane and decide on all other aspects of the proposed flight. According to Lindbergh, a single-engine plane, rather than a multiengine plane increased the chance of success. His theory was the less weight, the more fuel, the greater range. The experts would say that a solo flight across the Atlantic was simply suicide. The burden on the pilot was considered too great—he would have to stay awake for over thirty hours, enduring constant stresses. Immediately, Lindbergh began searching for the right plane at the right price. He contacted a number of aircraft companies. Some did not respond and some turned him down. Things were not looking good for Lindbergh. In early February 1927, the Ryan Airlines Corporation of San Diego, California, had responded within twenty-four hours of receiving Lindbergh’s telegram regarding a plane for his proposed transatlantic flight. Yes, they could produce a plane that could fly nonstop from New York to Paris. It would cost $6,000 not including the engine, and would take three months to build. The Ryan workers worked on the Spirit of St. Louis morning, noon, and night, seven days a week. Voluntary overtime became a normal operating procedure, and work on most other planes had nearly stopped. After meeting with the company’s president, they decided to modify an existing Ryan model by outfitting the plane with extra fuel tanks and increasing the wing area, thus would give the plane a maximum range of 4,000 miles, more than enough to reach Paris. In the picture to the right, it shows how the main fuel tank in the fro...
The Boeing Corporation is one of the largest manufacturers in the world. Rivaled only by European giant Airbus in the aerospace industry, Boeing is a leader in research, design and manufacture of commercial jet airliners, for commercial, industrial and military customers. Despite enjoying immense success in its market and dominating an industry that solely recognizes engineering excellence, it is crucial for Boeing to ensure continued growth through consistent strategy formulation and execution to avoid falling behind in market share to close and coming rivals.
After the Air mail Act in 1934, which separated the ownership of aircraft manufacturer and airlines, the President of the UATC had to be resigned and he moved to another airline at the time, which is Trans-Canada Airlines, now Air Canada. After this fall, Boeing’s company was broken into several parts, the first one was aircraft manufacturing, the second part is the parts supplier, and the third part is the United Air Lines airline group. After having a separate airline, they needed a new president to fresh sta...
"It was the jet Boeing didn't build that averted what could have become one of the worst crash landings in the company's 91-year history--and cleared Boeing to conquer the skies again."(Masters, 2007). Boeing's Management team's work hard to plan what project's will be best for customers, lead to the largest returns to shareholders, and keep a reputation of being a world leader in the aviation industry. "In October 2002, executives of the aircraft manufacturer met with a group of global airline representatives at a conference center on the Seattle waterfront. The executives were trying desperately to figure out what to build next to hold off a soaring Airbus."(Masters, 2007) Boeing had made plans to build a high speed jetliner prior to this meeting. Through careful planning and expert decision making Boeing officials found that the world was more interested in comfort and efficiency. Boeing's high speed aircraft would have been a huge economic let down because of the huge price tag and expensive operating costs. After that meeting Boeing changed plans to make the Dreamliner which is a more cost effective and comfortable aircraft that has enough orders to keep Boeing busy building the aircraft for customers until the year 2015. While Boeing has spent many resources planning what to build, Boeing is now faced with the problems of how to meet customer demands of the new aircraft.
By 1914 aviation technology was sophisticated enough to make airplanes valuable wartime tools. In 1918, the U.S. government found an important peacetime role for aviation: delivering mail. Entrepreneur Walter T. Varney launched his U.S. "air mail" operation April 6, 1926, marking the birth of commercial aviation in the United States. Because Varney was a predecessor of United, it also marked the birth of the airline.
...others got a United States contract for one plane, and with the hope of selling overseas they resumed flying. Wilbur toured Europe and demonstrated their plane. In 1909 the Wright brothers founded the Wright Company, which acquired their patent and infringement cases. Wilbur was president, Orville vice president.
Boeing 787 Dreamliner was first announced to the public in January 2003 with approximated costs of five billion dollars , since the sales of the aircraft were high it was supposed to enter commercial service during 2008 but the building up of aircraft seemed more anticipated than expected , since the management decided to use composite materials as an alternative for traditional metals as composite materials are lighter , stronger , cheaper and also resistance to wild variety of chemical agents including acid rain and salt spray as these are the conditions under which metals suffer , Boeing also shared their views in development of air craft with suppliers which effected in a project significantly more anticipated than expected . More than three years later after the project exceeded the estimated budget at last 787 entered commercial service in September 2011.
The 737 was originally created on on May 11 1964, however it wasn’t until November 9th 1964 that production was officially approved. On February 19th 1965 Lufthansa placed its first order for the 737-100, and on the 9th of april 1967 the 737 flew for the first time. In 1970, Boeing had less than 35 orders for the 737 and considered canceling the program. Boeing however ultimately decided to cut from other areas and to continue the 737 program. By deciding to continue the program Boeing paved the way for its future success and formed the backbone of many airlines that exist today that solely fly the 737.
Wilbur and Orville Wright spent their lives building and working with mechanical devices. They began with little toys as children and then grew up and began working with bicycles. These works lead them towards their work with airplanes. The Wright Brothers tried for many years to build a successful flying machine and succeeded. The Wright Brothers laid the foundation for aviation when they made history by being the first to create a successful flying machine.
The aviation industry is very difficult to enter, and the threat of new entrants is low. The first and major threat to entry is the initial capital requirements. The development period is over 5 years, with very large initial investment costs, parts costs, and wages are necessary even before the company earn revenues and sell aircrafts. The economies of scale, when the airline company has a substantial order, there are reduction in cost because of discounts on large orders. The new entrant suffers a significant cost, which is a disadvantage compared to established companies. Another risk for the new entrant, the extra supply of products for the substantial order, will decrease prices. The result, the new entrant will
At the age of 26 he dropped his successful career of a movie producer and focused on his second passion, aviation. Hughes bought his first plane in 1932 and with the help of some of his engineers he increased the performance in his plane. This won him first place in his class. The expenses for his love of building his flying machines funding became an issue. He then created the Hughes Aircraft Company in Clover City California. The company that he started later became the leading defense contracting company in the United States. In September 1935, Hughes, created a flying machine called the H-1. He went to set the landplane airspeed record of 352 mph (566 km/h) over his test course near Santa Ana, California.
Technology for any aerospace company is important, and this very much holds true for Boeing. Since its inception Boeing has been at the forefront of aviation technology. They introduced the first modern airliner with the Boeing 247 model (http://www.boeing.com/history/boeing/m247.html). During World War II Boeing manufactured the premier bomber planes based on the model 247 the bomber Boeing designed was so good that even their rivals Lockheed Martin, and Douglas aircraft agreed to manufacture them also. Following the end of the war Boeing suffered significant financial losses from their defense division this experience forced the company to reinvent themselves, and that they did. In the 1950s during the Korean War Boeing started to develop guided missiles. This technolog...
William Boeing founded the Boeing airplane company in early 20th century. After strings of acquisition and mergers, this company grew and became the current largest world aerospace industry. Followed by previous reorganizations in 19990s, this company decided to start its branding campaign in May 2001. This campaign was consisting of lots of effort and structural changes for the first time in this corporate history. The media was showing the initial success of this campaign just after its beginning. Few days after the grand opening of the new headquarter in Chicago, which was part of campaign, the world shocked by the act of terrorism. On September 11, 2001 terrorist used this company’s product as weapon of mass destruction to massacre innocent people. Four Boeing airplanes used by terrorist caused a great concern for this company about its swinging campaign. Some serious decision needed to be taken about branding process.
The creation of the airplane dates back to December 17, 1903 in Kitty Hawk North Carolina(inventors.about), which was created by Orville and Wilbur Wright. The experiment for the first plane consisted of taking a man and placing him in the plane and then having the plane raise by its own power, in result this would cause it to fly in a natural manner at even speeds and then defending without any damage (Bellis). The craft they created was called a biplane. A biplane, an aircraft of early design, consists of two sets of wings placed at different levels in a vertical stack with the fuselage(the body of an airplane, containing the cockpit, passenger seating, and cargo) between them. Also the first airplane soared at a height of ten feet and went one hundred twenty feet and touched back down after fifty nine seconds in the air (Bellis). Today theres 1,568 commercial airlines and 23,844 aircrafts in commercial service (Fact Sheet: