Printer Friendly


 SEATTLE, Aug. 3 /PRNewswire/ -- The following was released today by Boeing Commercial Airplane Group:
 In a major effort to help its customers through tough economic times, Boeing has frozen spare parts catalogue prices at 1992 levels for all models currently in production.
 "We think it's important to help the airlines, many struggling to break even," Richard Albrecht, executive vice president of Boeing Commercial Airplane Group, told an industry conference. He added that Boeing customers can order parts at today's prices until May 1994 and arrange for delivery up to 24 months later -- receiving parts in 1996 at 1992 prices.
 Airlines recently were told of Boeing's decision in a letter from Customer Services director of spares, Darce Lamb. "The successful future of The Boeing Company is linked to your success," Lamb said. "The actions we have taken are part of a continuing effort to find innovative and effective ways of reducing the cost of supporting and maintaining your Boeing aircraft."
 Prices for out-of-production airplane parts went up 6.4 percent this year to reflect the increased costs of producing them. Nonetheless, Boeing officials say a recent industry survey shows Boeing spare parts prices are significantly lower than competitors' prices. Additionally, Boeing has the largest firm-priced inventory in the industry; all 80,000-plus parts listed in its Spare Parts Price Catalogue are stocked and available. This compares to less than 50 percent of catalogue parts stocked by Airbus Industrie and McDonnell Douglas.
 Albrecht said airlines are also getting help from Customer Services to find ways to maintain and reduce their spares inventories. "We are working with American Airlines, British Airways, Continental Airlines and Lufthansa to help them stock fewer parts, reduce flow times through their systems and also reduce the time it takes us to deliver stocked items," he said.
 Boeing's Customer Services Division operates spares distribution centers in Atlanta, London, Brussels and Singapore in addition to Seattle, where it recently completed a 720,000-square-foot, state-of-the-art parts distribution center. Boeing officials say that when the Seattle center is fully operational next year, it will permit the fastest parts-shipping in the industry.
 -0- 8/3/93
 /CONTACT: Liz Reese of Boeing Commercial Airplane Group, 206-544-0869/

CO: Boeing Commercial Airplane Group ST: Washington IN: AIR SU:

SB -- SE003 -- 8883 08/03/93 12:00 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 3, 1993

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters