Boeing extends Washington state manufacturing shutdown indefinitely

By David Shepardson(Reuters) - Boeing Co <BA.N> stated on Sunday it will lengthen the suspension of manufacturing operations at its Washingto

Boeing would not count on 737 Max signoff till June or July – report – ForexLive
Boeing sees hit to airways, Carnival braces traders
Emirates shut to purchasing 30 Boeing 787 amid fleet overview -sources


By David Shepardson

(Reuters) – Boeing Co <BA.N> stated on Sunday it will lengthen the suspension of manufacturing operations at its Washington state services till additional discover amid the coronavirus outbreak.

The biggest U.S. planemaker stated on March 23 it will halt manufacturing at its Washington state twin-aisle jetliner manufacturing facility as a short lived measure to assist combat the outbreak of the respiratory illness. Manufacturing had been anticipated to renew early this week.

Boeing declined to say when manufacturing might resume. It stated the actions have been “being taken in gentle of the corporate’s persevering with concentrate on the well being and security of workers, present evaluation of the unfold of COVID-19 in Washington state, the reliability of the availability chain and extra suggestions from authorities well being authorities.”

Boeing will cease paying about 30,000 manufacturing employees this week in Washington state after it beforehand doubled to 10 days the quantity of paid depart it gave to manufacturing employees after the suspension. Staff can use paid day off, trip and sick depart within the interim and can proceed to get medical advantages.

Boeing stated on Sunday about 135 members of its 160,000-person international workforce had examined constructive for the coronavirus.

The Seattle Instances reported that as of Friday, Boeing had 95 workers who examined constructive for the respiratory illness in Washington state, up from 54 every week earlier. The newspaper stated 14 of these work on the Everett widebody jet plant.

Throughout the suspension, Boeing will implement further well being and security measures, together with “new visible cues to encourage bodily distancing,” extra frequent cleansing of labor and customary areas and staggered shift instances.

“We are going to take this time to proceed to hearken to our unimaginable group and assess relevant authorities path, the unfold of the coronavirus locally and the reliability of our suppliers,” stated Boeing Industrial Airplanes Chief Govt Stan Deal.

Boeing’s airline clients have deferred taking new plane and making pre-delivery downpayments, compounding a disaster over the year-old grounding of Boeing’s beforehand fast-selling 737 MAX jet after two deadly crashes. Boeing halted 737 manufacturing in January.

Boeing requested final month for no less than $60 billion in U.S. authorities mortgage ensures for itself and different American aerospace producers to assist the embattled business face up to a coronavirus-related money drain.

Boeing stated final week it will droop operations at its Ridley Township, Pennsylvania, services till April 20 due to the outbreak. The location contains manufacturing and manufacturing services for navy rotorcraft, together with the H-47 Chinook, V-22 Osprey and MH-139A Gray Wolf.

(Reporting by David Shepardson; Enhancing by Daniel Wallis and Peter Cooney)



https://finance.yahoo.com

COMMENTS

WORDPRESS: 0