Home » today » Business » Boeing share collapses: Boeing will probably cut 787 production in half and cut jobs | 04/24/20

Boeing share collapses: Boeing will probably cut 787 production in half and cut jobs | 04/24/20

According to a press report, the stricken US aviation giant Boeing is facing deep cuts in the production of the 787 Dreamliner.

It is also said to be an extensive one Job cuts come. These steps will be announced by Boeing when the first quarter figures are released on April 29, the Bloomberg news agency reported late Thursday evening, citing insiders. The production of the 787 Dreamliner should be reduced by around half, the number of jobs lost is still open, it said.

Boeing is suffering extremely from the Corona crisis, many customers of the Airbus rival are currently fighting for survival. For example, Lufthansa can no longer save itself from the corona crisis on its own, as announced on Thursday evening.

For Boeing there is also the problem with the 737 Max. Because of a production stop that had been in effect since January for the model, which was banned from take-off after two plane crashes worldwide, Boeing’s production is already severely restricted.

For example, Boeing lost more and more 737 Max orders in the Corona crisis. The bottom line was that 314 orders for problem flyers were canceled in mid-April. In total, Boeing lost 307 aircraft orders by the end of March, since at least some new orders came in for other models.

In NYSE trading, Boeing stock ultimately lost 6.36 percent to $ 128.98.

SEATTLE (dpa-AFX)

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