Peter Jacobs Quotations

We're on the downward slope of the commercial airplane cycle. But given the rebound the company has been able to make in improving production efficiencies, they should be able to offset the decline in revenue as operating profits improve going forward.

I think the key is that next year, even though Boeing will see about a 15-16 percent decline in revenue, they should still be able to show improvement in the bottom line.

Like most industrial companies, Boeing is trying to keep the lid on pensions and post-retirement health care costs.

I think the stock is a good value here, ... There is a lot of uncertainty, but from a valuation standpoint, this stock is as cheap as it's ever been and it has one of the best balance sheets in the business.

The art of Native Americans is integrated into the functional. Many times the designs have symbolic or even magical meanings.

When we look at cost savings that are available to Alaska Airlines at this point, there is not a lot of low hanging fruit left.

Boeing will have its work cut out to make up those deliveries,

They were fighting all the time with the Shoshone. It was ironic they would be placed on the Shoshone reservation. It doesn't say much about the federal government and its policies.

This is a game that plays out every three years or so.

For Boeing, the implications for a strike depend on its duration,

It's my devotion to the cause that keeps me helping out each year,

These pension liabilities, the promise to pay large amounts to employees when they retire, have made a lot of companies uncompetitive, ... It becomes a slippery slope.

Airbus had a splendid year in 1999 in achieving record new airplane orders, no doubt about it. At the same time, you have to remember that Boeing has an incredibly strong backlog of business -- nearly 1,500 airplanes. They should be able to the deliver the majority of new airplanes in the future.

The longer production is halted, the harder it is to restart the process and keep the supply chain fluid.