The Biz Buzz

The News Tribune Business Team will keep you updated on what's happening in the South Sound and beyond. Check here for news about economic development, aerospace, shopping and much more.

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Got something to say? Here's the place to say it. We welcome your comments on what's going on in business in the South Sound that we should be discussing, reporting or analyzing here on our blog or in the pages of The News Tribune.

Contributors

Marce Edwards is the business editor. She has been at The News Tribune for seven years and has written about technology and big businesses in the South Sound including Weyerhaeuser and Russell. Before moving to Tacoma, she worked at The Idaho Statesman in Boise. She is a Northwest native who likes to garden and refuses to use an umbrella. She lives in Tacoma with her husband and two kids.

C.R. Roberts is a Tacoma native. Before joining The News Tribune, he worked as a freelance writer and part-time cowhand on a cattle ranch in Northern Idaho. He writes about small business, personal finance and other business issues.

John Gillie writes about the aerospace and airline industries, commercial development and consumer issues. During his 30-year-tenure at The News Tribune he has covered issues as diverse as the Native American fishing rights disputes, crime and the courts, the wood products industry and energy. He lived in Tacoma with his family for 25 years, but now lives in Kent because his wife heads a five-state non-profit foundation headquartered in Ballard, and it only seemed a sensible compromise to make considering their workplaces are 40 miles apart.

Kelly Kearsley has been a business reporter at The News Tribune since 2005. She covers the Port of Tacoma and international trade. Being born and raised in Spokane she’s used to living in cities with inferiority complexes and, in fact, prefers it. Prior to working at The News Tribune, she spent three years as a reporter for The Bulletin in Bend, Oregon and another year working stints for The Associated Press and Seattle Times. She graduated from Pacific Lutheran University. She lives in Tacoma with her husband and miniature schnauzer.

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Get the most up-to-date news, insights and analysis of Tacoma, Pierce County and South Puget Sound business.
Tuesday, April 15th, 2008
Posted by John Gillie @ 10:29:15 am

The following news falls into the "making lemons into lemonade" category.

Two recent events, the third delay in the delivery of the first production 787 Dreamliner and Boeing's loss of the Air Force aerial tanker project to Northrop Grumman and Airbus, could offer a consolation prize to the Puget Sound economy.

According an article this week at Flightglobal.com, Boeing has proposed turning its two misfortunes into more work for workers on its Everett 767 assembly line.

That's the assembly line that was scheduled to produce 767-based tankers for the Air Force.

Now Boeing is proposing to provide temporary capacity for airlines whose 787 Dreamliners will be delivered months behind schedule by replacing them with new 767-300ER aircraft produced in Everett.

Airlines around the world are demanding that Boeing provide them with substitute aircraft to replace the late-arriving Dreamliners, but the market for mid-sized, long-range aircraft now is tight. Few substitute aircraft are available on the lease market.

Airlines such a Qantas are asking Boeing to lease them new Airbus A330s, but the quantity the capacity at Airbus to produce those aircraft is already strained.

Thus the idea of ramping up production of the 767. The aircraft is an older design than the A330, but it's been a steadfast provider of long distance air service for years.

After the 767s do their temporary stints and the 787s arrrive, they could be converted to cargo aircraft, a market for which their is brisk demand.

Boeing is now producing about one 767 a month in Everett, but given a few months lead time, that pace could be increased to produce the fill-in aircraft.

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