Boeing Bonds Bill

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Boeing Wichita is one step closer to landing work on a new plane.

Gov. Sebelius signed into a law a bill permitting the state to issue bonds for the aircraft maker. The bill allows up to $500 million in bonds to be issued for development and manufacture of a new airplane, the 7E7.

Boeing would pay the bonds off, using the income withholding taxes collected on employees who work on the new plane. The measure is aimed at attracting work on the next generation of Boeing jetliner to the Wichita plant.

Boeing spokesman Dick Ziegler says, "What today's signature on that document means is that we have completed a step in the process that will make our leverage in our competitiveness in trying to get a piece of this airplane will swing the pendulum a little bit more in our direction."

The Boeing bonds bill has no guarantees. But Boeing employees can hope more work will be on the way to the Air Capital.

In order to make things happen from this point, Boeing Wichita needs to hear from headquarters that the Wichita plant is a partner in the 7E7 program, and also hear what work will be assigned here. But it could still be a few months before those decisions are reached.

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