Boeing has restarted production of all its aircraft programs following a seven-week strike by 33,000 machinists. The strike significantly impacted November deliveries, with only 13 jets delivered compared to 56 the previous year. Boeing recently announced 17,000 layoffs to stabilize its financial position. The FAA will increase oversight as production resumes.
Boeing is facing a potential strike by 33,000 aircraft assembly workers, who are voting on a contract proposal that includes a 25% pay increase over four years. A strike, starting on Friday if the proposal is rejected, could halt production of Boeing’s top-selling planes and cost the company billions of dollars. The vote comes at a critical time for Boeing, which is struggling with production delays and quality control issues.
Boeing has announced that its production of the 737 MAX aircraft will be reduced, impacting its recovery efforts following a mid-air incident in January. The company’s CEO, Dave Calhoun, acknowledged the challenges facing Boeing but emphasized the priority of safety and quality. Despite early signs of improvement in the 737 factory, production levels remain low, affecting the company’s financial goals. Boeing also anticipates a slower increase in production and deliveries of its 787 widebody jets due to supplier shortages. However, demand for new planes remains strong, and Boeing expects to deliver its existing inventory of 737 and 787 aircraft by year-end.
