Boeing and Aviation

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Most of us see aviation as a means of transportation and an alternate mode of travel. Boeing’s businesses are clearly doing one of the things that core businesses are suppose to do. They are making lots of cash. For many years Boeing has been the leader, earning an average cash flow of a billion dollars or more each year. This gives lots of options to maximize shareholders values. This company just seems to have lots of outside areas of interest too. Maybe you’re bored sitting around the house and had a craving for some pizza. Did you ever wonder how it’s stays so hot in twenty minutes after the drive leaves the restaurant? It’s the space-age thermal incubator, one of the many things the food industry acquired from Boeing space and communication program. There were two events that made a significant change in the history of modern aviation. The Wright Brother’s first flight and William Boeing, born October 1, 1881 in Detroit, Michigan. He was the founder, owner, President, and Chairman of the board from 1916-1934. He took advantage, in 1903, of small risky ventures and made a big financial gain. He lived until 1956 long enough to see the company go into the jet age.
Since the beginning, Boeing has become an aviation giant with an estimated $2,375 billion a year in sales. In 2ooo, Boeings stock appreciation was 59 percent, the second highest in Dow Jones Industry Average. When put together with dividends, Boeing earns a 61 percent total return for their investors. They also have a place in space communication as well. In 2000 they signed agreements with the government of Turkey and Australia worth $2.5 billion. They are to provide 737 aircrafts, plus ground support for mission crew training mission support and systems modifications. Boeing also has a capital corporation in which it leases and lends money to other corporations such as General Motors, Disney, State Farm, and a host of others. For more than 30 years it has been a worldwide provider of lease and loan financing for a wide range of commercial equipment and all types of commercial aircrafts and business aircrafts.
Military Aerospace support is also a big venture for Boeing too. This has become a key role in business deals. The revenue generated from the military is approximately $3 billion. That amount is expected to triple in 10 years.

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