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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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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The Port of Seattle has restarted a $419 million rental car terminal construction project shut down last December because of uncertain financing.
The 23-acre terminal at the junction of International Boulevard and Washington 518 north of the airport, is now scheduled to open in 2012.
The project will consolidate most of the airport's rental car counters and rental car parking from the airline terminal and its adjacent garage into a new facility. Passengers will be shuttled between the rental car terminal and the airport.
The terminal will house 10 rental car companies and some 5,400 rental vehicles as well as a bus maintenance facility.
The terminal's opening will free up for public use space in the terminal parking garage now used for rental cars.
The construction project will generate up to 1,000 jobs this year, the port said.
The construction was halted late last year when financial markets took a swoon. The port recently was able to sell revenue bonds to fund continued construction.
Just when you thought airlines couldn't jam more passengers into a plane, a Chinese airline says it is considering a passenger accommodation plan that could squeeze 40 percent more people into what's now a 150-seat Airbus.
Spring Airlines is talking with the European planemaker about adding stand-up accomodations to its yet-to-be-delivered A320s.
The standing seating plan would substitute stool-like seats for conventional seats.
The launch customer for Boeing's troubled 787 Dreamliner, All Nippon Airways, has added five more of the revolutionary jetliners to its orders.
That brings All Nippon's total orders to 55 for the twin jet.
The Japanese airline's new orders appeared as some other airlines backed away from their prior orders for the composite airliner.
Australia's Qantas recently canceled orders for 15 of the planes. Other airlines have canceled orders for 57 of the planes this year as delays continue to mount for its delivery schedule.
The first test 787 was scheduled to fly by the end of last month after four prior delays, but a problem with the wing's joint with the plane's body delayed that first flight indefinitely while Boeing seeks a cure.
The 787, hit with production screw-ups, parts shortages, labor strikes and design issues, is now two years late in leaving the ground.
Boeing Co. delivered 125 airliners in this year's second quarter, the company reported today.
For the year, the company's Puget Sound factories in Renton and Everett have produced and delivered a total of 246 airliners.
The popular 737, built in Renton, was the most numerous of those deliveries with 99 planes turned over to customers. The big twin-engine 777 deliveries were 21. The company delivered two 747s and three 767s.
Boeing's most popular military aircraft in the second quarter was the F/A-18 fighter and electronic warfare aircraft with 13 delivered.
Minnesota-based Sun Country Airlines is moving its gates at Sea-Tac Airport to the South Satellite.
The airline will also move its terminal counter to the new Delta counter.
The moves are part of a reshuffle of gates and terminal counters brought about by the merger of Delta and Northwest airlines. Delta has consolidated its gates with those of Northwest in the South Satellite and merged its ticket counter with Northwest's in the terminal.
The News Tribune has confirmed that members of Tacoma Elks #174 last night approved the sale of its property at South 23rd and Union streets.
A few weeks ago, we reported that the lodge turned down Wal-Mart's bid to buy the 17-acre property but that the group was close to an agreement with another developer.
A member told us this morning that the developer is planning office space, a McDonald's and a Starbucks.
Check here for more details as we confirm them.
UPDATE: Lodge members on Wednesday night approved a contract with Opus, a Minneapolis-based real estate developer who in 2008 finished Federal Way Crossings, a 21-acre retail development on South 348th Street.
Gary Giambrone, the Elks' special representative who is in charge of the lodge, said Thursday that the contract comprises two phases of development, and that the Elks' Grand Lodge trustees still must approve both phases.
Opus has a four-month contingency on both phases, Giambrone said, which gives the developer and the Elks the flexibility to assess the market before breaking ground.
