Air, Business, Freight News

Boeing CEO Comment on Pacific Trade Agreement Progress

[ October 16, 2015   //   ]

Dennis Muilenburg, Boeing president and CEO, is positive about the progress being made on the Trans-Pacific Partnership (TPP), a large free-trade agreement that would support U.S. export growth in some of the world’s fast-growing markets.

“Free-trade agreements create new opportunities for American companies and their workers,” Muilenburg said. “I thank the US Trade Representative and fellow trade negotiators for their commitment to finalizing this agreement.”

He contends that US companies need to be able to compete and win in global markets to support well-paying jobs at home. “It’s critical we provide our manufacturers and exporters with the best tools to compete on a level-playing field in markets worldwide,” he said.

Boeing reports that more than 70% of Boeing’s commercial airplane revenue last year came from customers outside the United States, while more than 90% of its total workforce and 80% of its suppliers are based in the United States.

“Looking ahead, the global economy will be more important than ever to our future growth,” Muilenburg said.