Boeing is offering voluntary staff layoffs to its entire staff of 161,000 people and weighing new output reductions as the coronavirus pandemic threatens to depress aircraft sales for years.

The plane maker is considering another cut to wide-body production beyond what was already announced for the 787 Dreamliner, said a person familiar with the matter. Boeing is still assessing the rapidly changing market and public health issues as the outbreak guts travel demand and batters airlines...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.