PPRuNe Forums - View Single Post - Boeing to cut 10% of workforce amid staggering $641 million loss in first quarter
Old 4th May 2020, 16:04
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Una Due Tfc
Join Date: Jun 2013
Location: Róisín Dubh
Posts: 1,279
Originally Posted by VH DSJ View Post
Staggering? $641 million is the cost if two 787’s. Just a drop in the ocean?
It was only really mid March when the industry really hit the skids, so 2 or 3 weeks of those Q1 numbers. Airlines are not accepting deliveries, cancelling orders, engineering support is minimal as fleets are not flying, projects hit due staff not working due lockdowns.....A & B are both in big trouble, as is pretty much everyone in the industry sadly.
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