Boeing wants big pension, health care cuts in 777X deal

[KeepItReal]

2. Boeing is rolling in new jet orders but pinching pennies from unions?

There is some right wing pathology at play with these people that has nothing to do with profitability:

Boeing said its third-quarter earnings rose 12 percent to $1.16 billion, or $1.51 a share, from $1 billion, or $1.35 a share, a year earlier. Revenue increased 11 percent, to $22.13 billion from $20 billion.

Excluding pension costs and other ancillary items, Boeing said its core operating earnings rose 20 percent in the third quarter to $2.14 billion, or $1.80 a share, from $1.79 billion, or $1.55 a share, a year earlier. By this measure, analysts had expected the company to earn about $1.50 a share in the latest quarter.

Based on conventional accounting methods, Boeing said it now expected earnings of $5.40 to $5.55 a share for 2013, up from its July forecast of $5.10 to $5.30. In terms of core earnings, it expected earnings of $6.50 to $6.65 a share for 2013.

http://mobile.nytimes.com/2013/10/24/business/boeing-profit-exceeds-estimates.html