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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Passenger traffic at Sea-Tac Airport hasn't yet revived, new figures show.
July passenger traffic at the airport was down 2.5 percent from July 2008, new statistics published by the airport show.
Passenger traffic at the airport this July was 3,237,357 passengers, down 83,055 from July of 2009.
For the year, passenger traffic declined 4.8 percent.
Cargo likewise fell in July by some 4.3 percent, according to airport figures.
The upside of the travel decline for airport neighbors was fewer operations. Landings and takeoffs at Sea-Tac during July were 3,510 fewer than in July 2008.
Canadian low-cost carrier WestJet today ordered 14 more Boeing 737 aircraft to enlarge its all-Boeing fleet of 81 aircraft.
At the same time, however, the airline rescheduled 16 existing deliveries of 737s to spread them out more evenly in the next few years.
WestJet has orders for 54 more 737s including today's new order.
The readjusted delivery schedule will affect 16 737s the airliner and the leasing companies from whom it rents aircraft.
The 737 is built in Boeing's Renton plant.
For the 32nd year, The LeMay Automobile Museum this Saturday will host the Annual LeMay Car Show & Auction at the museum grounds in Spanaway.
According to a press release, visitors can expect to see more than 1,000 different vintage and specialty automobiles, trucks and motorcycles from the LeMay Collection.
Also on view will be hundreds of local collector cars. In addition to the vehicles, there will be numerous automobile-related vendor displays, plus a Collector Car Showcase – a judged car show – food vendors and an auction hosted by Mathers Inc. Auctioneers.
The newly added Collector Car Showcase will feature m.c. Lance Lambert of the Vintage Vehicle Show. Co-chairs of the Collector Car Showcase are John Austin and Andy Panagiotou of the Gallopin’ Gerties Model A Club.
Gerald Greenfield of the Classic Car Club of America and Kirkland Concours d’Elegance will serve as chief judge.
The Collector Car Showcase sponsors include Car Toys, KZOK, Buffalo Restorations and Save a Battery. Collector Car Showcase award sponsors include Griot’s Garage and Pacific Grill.
The museum is located on the grounds of the former Marymount Academy at 325 152nd St. E.
Admission into the Collector Car Showcase is $25, which includes admission for one person and is open to the first 120 cars that enter. Car clubs and collectors are also invited to showcase their automobiles in the non-judged display at Marymount.
The show begins at 9 a.m. Saturday and ends at 5 p.m. Museum members receive free admission, and non-member entry donations are $10 for adults, $5 for children under 12 and free admission for active-duty military.
Free parking will be available offsite with free shuttle bus transportation between the parking lots, Marymount and the LeMay grounds.
For more information visit www.lemaymuseum.org or call 253-536-2885.
Norwegian Air Shuttle already operates 13 Boeing 737-800s for its European service, but a ceremony at Boeing Field late last week was still a signifcant for the airline.
Norwegian accepted the first 737-800 it will own itself. The other baker's dozen aircraft are all leased by the airline.
The 737 delivered on Friday features blended winglets to improve the plane's fuel economy and performance.
Other Norwegian 737s scheduled for delivery in 2010 will feature Boeing's new "Sky Interior" with newly-designed overhead bins and mood lighting borrowed from Boeing's new 787.
Look out, mortgage scammers. Watch yourself, you fraudsters who prey on innocent homeowners.
According to a release today from Olympia, state Attorney General Rob McKenna and Iowa Attorney General Tom Miller are co-chairing a new State-Federal Task Force on Mortgage Enforcement.
The task force is dedicated to enforcing both fair business practices and civil rights, the release said.
Additional members include representatives of the U.S. Department of Justice, Department of Treasury, Department of Housing and Urban Development and the Federal Trade Commission and the attorneys general of Arizona, Colorado, Illinois, Nevada, North Carolina, Massachusetts, Missouri and Ohio.
“Scammers and opportunists need to know that they’re in the crosshairs of a tough, well-armed posse with a presence in every state,” McKenna said.
He said that by combining their efforts, state and federal authorities are in a stronger position to confront equity skimmers, foreclosure rescuer schemers, straw purchasers and unethical lenders who deceive or discriminate.
