When will the commercial side be affected? And why won’t the union allow transfers/bumps from commercial to defense to avoid possible lay-off.
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https://simpleflying.com/emirates-ceo-boeing-stricken/
CEO of Emirates, Tim Clark, told media today that he sees Boeing as
a ‘stricken company,’ casting doubt not just on the 737 MAX program,
but also the 777X.
(A double whammy of difficulty)
Boeing has faced some of its toughest times to date.
With the first glimmer of light at the end of the tunnel of the 737 MAX
grounding came a global pandemic that has knocked the wind out of the
entire industry.
(The new problem with the MAX)
The ongoing grounding of the MAX has presented additional issues for the
manufacturer. While undergoing extensive scrutiny, testing and assessment,
time has moved on. Unfortunately for Boeing, this means many airlines have
now passed the ‘one-year delivery delay’ date, after which they have the right
to cancel orders with no penalty.
And the cancellations have been trickling in since the start of the year.
Last month alone, 60 orders for the 737 MAX were canceled. Although
not as disastrous as the 150 in March or the 108 in April, it’s still significant,
and representative of some $7 bn plus of business loss for Boeing.
With the Max plane is now recognized as a fraud the world over, airlines
are no longer as comfortable doing business with Boeing as in the past.
Adding to this distrust is the tragic loss of the 346 lives it took to expose
the fraud.
This also showed the Boeing board as Wall Street hacks and not aviation experts,
bringing to light the inept criminal leadership of the company
Unlikely... didn’t they just have Canadian workers helping them with production delays???
STL is safe from layoffs cuz it's a ghost town. There is no one to lay off!!!