Home » today » Technology » Boeing continues to bleed – Novinky.cz

Boeing continues to bleed – Novinky.cz

However, the loss eased significantly from the previous quarter, to $ 2.4 billion. Revenues fell 29 percent to $ 14.14 billion.

The covid-19 pandemic almost stopped air traffic and pulled large airlines to the brink of bankruptcy. They therefore had to ask for government help, reduce costs and postpone or cancel aircraft orders.

Boeing therefore had to reduce production, cut thousands of jobs and change its aircraft development strategy. At the same time, it is trying to lift the flight ban on its 737 MAX model, which has not been allowed to air for 19 months after two serious accidents. Boeing hopes the US authorities will lift the ban next month, Reuters reported.

Boeing also said today that it expects to reduce the number of employees to about 130,000 by the end of next year. That is 30 thousand less than he had at the beginning of this year. Three months ago, the company announced plans to cut 19,000 jobs.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.