Boeing in 'last chance saloon', warns Emirates boss

https://www.bbc.com/news/business-68201371

by alibarber • 2 years ago

7 1 2 years ago

moose_man• 2 years ago

Boeing and Wall Street quarterly thinking is a special kind of stupid.

"Just over a year and a half later, after the pandemic reduced demand for the long-range Dreamliner due to the drop in international travel, Calhoun and Boeing decided it needed to preserve cash and could no longer justify two 787 plants. It had a choice between consolidating production to a veteran plant in Washington state staffed by unionized employees and a non-union South Carolina plant. It decided to close the unionized line in Washington and keep the South Carolina plant.

But it soon had quality problems with the 787 Dreamliners being produced there, leading to two costly halts in deliveries, one lasting over a year."

https://www.cnn.com/2024/01/30/business/boeing-history-of-pr...

Boeing in 'last chance saloon', warns Emirates boss

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