02 November 2008

"I owe, I owe as off to work I go"... Strikers Return

So back go the IAM chaps working at Boeing plants US wide starting tonight with the Sunday shift.

The 57 day strike has caused a backlog of about 80 planes that wont be delivered. Actually I have maintained that this was good for Boeing to burn off some of that likely cancelled capacity due to the downturn and now or soon to be defunct airlines.

But waiting in the wings are two big orders. One from the newly huge Delta and the other from Ryanair Long haul.

I will lay good money down that the 787 wont fly before the end of the year and also that deliveries wont start until Q2 2009.

Still it will be good to see my neighbors working again.


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