Boeing restarted 737 Max production just hours after saying it would lay off thousands of workers
The plane was grounded worldwide in March 2019, and production had been suspended since January 2020. Boeing has about 450 completed planes in storage, which it has not been able to deliver to customers due to the grounding.
Boeing has resumed production of the 737 Max, the company said on Wednesday, more than five months after it paused its assembly lines., "the first" of a wave of layoffs expected this year due to the COVID-19 pandemic. Work at the Boeing facility in Renton, Washington, where the 737 Max is built has been suspended since January. Boeing has continued manufacturing the plane throughout its yearlong grounding, but has been unable to deliver them to customers while the plane was not allowed to be flown. Boeing has about 450 completed but undelivered planes in storage. When it announced January's assembly suspension, it said that it was running out of space to store them. Since the initial suspension, Boeing has seen the commercial aerospace landscape shift dramatically. Air travel demand is down as much as 97% for commercial airlines. Airlines have grounded large portions of their fleets and are expected to cancel orders for new aircraft or defer delivery.The company did not immediately return Business Insider's request for comment on where newly completed planes will be stored. Last month, Boeing announced that it would significantly pare back its aircraft production. Assembly of Boeing's 787 Dreamliner will be cut from 14 to 10 per month in 2020, and seven by 2022. Production of the 777 family of aircraft will be cut from five per month to three by 2021. The 737 Max, which was produced at a rate of 42 per month from April 2019 through January, will be ramped up at a slower rate when production resumes, the company said, gradually increasing to 31 per month during 2021.planned to reduce its workforce by 10% in responseBoeing temporarily suspended production at its other commercial aircraft facilities in Washington state and South Carolina due to the COVID-19 pandemic. Those Do you work for Boeing or an airline affected by the COVID-19 pandemic? Reach out to this reporter at
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Katie Miller returns to work and announces expected child with Stephen - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
The Internet of Medical Things report - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
AGT Premiere: Terry Crews Talks Giving Tearful Golden Buzzer to 'Inspirational' Homeless ChoirPlus, the host opens up about eventually resuming production on season 15 after the coronavirus lockdown
Read more »
WSJ News Exclusive | Boeing to Start Voluntary Layoffs, Will Shed an Initial 2,500 WorkersBoeing will this week announce about 2,500 voluntary layoffs in the first phase of broader cuts triggered by the coronavirus-driven collapse of global air travel.
Read more »
Boeing to lay off 6,770 workers due to pandemic details, background - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
Boeing laying off 6,770 employees, with more to comeBoeing said nearly 7,000 of its U.S. employees will be involuntarily laid off. It's part of the aerospace giant's plan to shrink its overall workforce by 10% amid the new aviation landscape created by Covid19
Read more »




