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Robert E. Verbeck Named New CFO for Boeing Defense, Space & Security

ST. LOUIS, Jan. 19, 2011 — The Boeing Company today announced that it has named Robert E. Verbeck, 51, chief financial officer of its $34 billion (2009 revenues) Boeing Defense, Space & Security (BDS) business. He succeeds Randy Simons, who is retiring.

“In our business, we have to keep building momentum around our strong performance culture to best serve our customers and earn the opportunity to grow,” said Dennis Muilenburg, president and CEO of BDS. “Bob’s practical know-how in all disciplines of business finance will help us compete and innovate more effectively. His experience will have a direct impact on our ability to drive performance in all dimensions for our stakeholders, including customers, shareholders, employees and local communities.”

Verbeck most recently served as CFO for the Boeing Military Aircraft business unit of BDS. He previously held posts as BDS controller, program manager for the United Kingdom tanker program, and general manager of BDS Finance.
Verbeck reports to Muilenburg and James Bell, Boeing executive vice president and chief financial officer. As BDS CFO, he is responsible for reporting on the financial performance of BDS and its three business segments — Boeing Military Aircraft, Network & Space Systems, and Global Services & Support. Verbeck leads more than 6,000 global finance employees making up teams in financial planning and analysis, accounting, estimating, contracts and pricing, procurement financial analysis, integrated scheduling, rate forecasting, earned value management compliance, and productivity improvement.

Verbeck joined McDonnell Douglas, a Boeing heritage company, in 1986 in the Finance organization after working as a steelworker. He holds a bachelor’s degree in economics from Southern Illinois University and a master’s degree in international business from Saint Louis University (SLU). He has served as the Boeing executive focal for SLU and is currently a member of the advisory council for the university’s Boeing Institute of International Business.

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    AvStar Aviation Group

    Announces Closing Date for Aircraft Charters, LLC Acquisition; Subsidiary, Twin Air Calypso Limited, Inc., Moving to New Facility

    HOUSTON, Jan. 28, 2011 / / — AvStar Aviation Group, Inc. (AvStar) today announced that February 15, 2011 has been set as the tentative closing date for the acquisition of a 35% interest in Aircraft Charters, LLC. The Letter of Intent for this acquisition was first announced in late December 2010

    AvStar also announced today that its wholly owned subsidiary, Twin Air Calypso Limited, Inc. (Twin Air Calypso) will be moving their passenger and freight operations to new facilities. February 15, 2011 is the projected date for the passenger operations of Twin Air Calypso to move into the newly constructed complex of Sheltair Northside. Sheltair Northside is located at the Ft. Lauderdale-Hollywood International Airport (FLL) and Twin Air Calypso will occupy approximately 2400 sq. ft. of the complex for passenger operations. Freight operations will be conducted from an adjoining building of the same complex. In addition to rental savings over the current facility, the relocation agreement includes a tenant preferred fuel rate, which will save the company more than $75.000.00 per year based upon current operations. These savings will increase the company’s profitability and shareholder value.

    “Twin Air Calypso’s move to the new facility will give the company a new image and allow us to better accommodate our clients. By separating the passenger and freight operations the passengers will enjoy an airline terminal atmosphere while the freight operations will be able to expand with the additional space. The fuel cost reduction contributes directly to the bottom-line and will increase as our operations expand. This move along with the appointment of Art Stevenson as Chief Pilot provides us the infrastructure for our move to commuter status. With the improvement we already see in this year’s revenues, and the anticipated opening of West Palm Beach, 2011 will be a watershed year for Twin Air Calypso Limited, Inc. All of our associates are excited about this move and look forward to welcoming our clients to our new surroundings,” said Clayton Gamber, CEO of AvStar Aviation Group, Inc.

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    Air China Plane Makes Emergency Landing in Winnipeg

    Air ChinaAn Air China flight had to make an emergency landing at Richardson International Airport in Winnipeg, Manitoba, Canada, on June 4th.

    The Boeing 777-300 plane, heading from Washington D.C. to Beijing, China, was diverted due to a mechanical issue.

    The plane landed safely. Everyone aboard remained unharmed.

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    Frustrated US Airways Flight Attendants to Picket Airports Across the Country This Thursday

    Nationwide Day of Action Highlights Management’s Failure to Negotiate a Merged Contract

    WASHINGTON, Feb. 16, 2011 /PRNewswire-USNewswire/ — US Airways Flight Attendants, represented by the Association of Flight Attendants-CWA (AFA), will conduct a nationwide protest over the failure of US Airways management to negotiate a merged Flight Attendant contract. After five years of protracted contract negotiations and the announcement of US Airways’ second biggest profit in the airline’s history, Flight Attendants are united in their effort to reach a fair contract that reflects the sacrifices they made for the success of the airline.

    Last week, the AFA Joint Negotiating Committee (JNC) broke off talks after US Airways management presented a proposal that contained concessions in healthcare and sick benefits, gutted scope and merger protections for Flight Attendants, and contained no meaningful wage increases. AFA wants to reach a merged agreement but management has failed to provide the financial resources necessary to do so.

    LOCATIONS ON THURSDAY, FEBRUARY 17
    Charlotte Douglas Airport (CLT)- 11:00 a.m. – 1:00 p.m. EST – Outside, Departures, Upper Level US Airways

    Washington National Airport (DCA) – 11:00 a.m. – 1:00 p.m. EST – Outside, Departures, US Airways

    Philadelphia International Airport (PHL) – 11:00 a.m. – 1:00 p.m. EST – Outside Concourse A West

    Phoenix Sky Harbor International Airport (PHX) 9:00 a.m. – 11:00 a.m. MST – Level 2 North Curb West End

    In the first of a series of events, AFA is holding a system-wide Day of Action on February 17, in all Flight Attendant bases, to show management and the public that Flight Attendants are united in their effort to reach a fair merged contract. Tempe-based America West Airlines merged with US Airways in September 2005 and the Flight Attendants have been in merged contract negotiations since January 2006.

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    Delta Airlines Plane Returns to Minneapolis due to Engine Issue

    Delta Airlines flight DL-1748 had to return and make an emergency landing in Minneapolis, Minnesota, on April 12th.

    The Boeing 757-200 plane took off for Denver, Colorado, but had to turn back due to an engine issue.

    The plane landed back safely. All passengers and crew members remained unharmed.

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    Saudi Arabian Airlines Boeing Fire Alert


    Click to view full size photo at Airliners.net
    Contact photographer

    What: Saudi Arabian Airlines Boeing 777-20O en route from Jeddah Saudi Arabia to New York
    Where: Goose Bay Canada
    When: Jul 15th 2010
    Why: When the flight indicated a cargo fire, the plane diverted to Goose Bay where it made a safe landing. Luggage was off-loaded and no fire was found.

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    American Airlines Emergency Landing in Providenciales


    Pictured: An American Airlines Boeing 737-800 en route from Miami
    Click to view full size photo at Airliners.net
    Contact photographer Orlando G. Rivera Rivera

    What: American Airlines Boeing 737-800 en route from Miami to St. Lucia
    Where: Providenciales airport, Turks and Caicos
    When: February 1, 2010
    Who: 109 passengers
    Why: The crew made an emergency diversion to Providenciales when en route to St. Lucia, they detected a suspicious odor. A 737 is scheduled to pick up the passengers and carry them the rest of the way.

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