Boeing reports drastic moves due to Covid-19 fallout
Boeing will now reduce 787 production to six jets a month in 2021 — a third rate drop from a year ago, when it was producing 14 Dreamliners a month
29 July 2020 - 15:44
Bengaluru — Boeing slashed production on its widebody programmes, delayed the arrival of its newest jet, and confirmed the demise of its iconic 747, as it reported a bigger-than-expected quarterly loss on Wednesday amid fallout from the Covid-19 pandemic.
The US planemaker, which is also grappling with the 16-month-old ban on its 737 Max after fatal crashes, delayed its timeline to hit build rates of 31 narrowbodies monthly to early 2022 from 2021, as the pandemic decimates new jet demand...
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