Go Back  PPRuNe Forums > Flight Deck Forums > Rumours & News
Reload this Page >

Boeing to cut 10% of workforce amid staggering $641 million loss in first quarter

Rumours & News Reporting Points that may affect our jobs or lives as professional pilots. Also, items that may be of interest to professional pilots.

Boeing to cut 10% of workforce amid staggering $641 million loss in first quarter

Old 4th May 2020, 14:26
  #41 (permalink)  
 
Join Date: Apr 2001
Location: Going home
Posts: 292
Staggering? $641 million is the cost if two 787ís. Just a drop in the ocean?
VH DSJ is online now  
Old 4th May 2020, 15:04
  #42 (permalink)  
 
Join Date: Jun 2013
Location: A warm pub
Posts: 1,208
Originally Posted by VH DSJ View Post
Staggering? $641 million is the cost if two 787ís. 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.
Una Due Tfc is offline  
Old 4th May 2020, 18:57
  #43 (permalink)  
 
Join Date: Jul 2013
Location: Everett, WA
Age: 65
Posts: 2,825
Originally Posted by LGW Vulture View Post
I'd take on tdracer as my COO.
Thanks for the vote confidence, but I'm not sure I'd want the job. It sounds like a rather nasty job (especially now), and I'm rather enjoying this retirement gig .
tdracer is offline  
Old 5th May 2020, 08:31
  #44 (permalink)  
 
Join Date: Jan 2004
Location: hector's house
Posts: 34
The Seattle Times has been awarded a Pulitzer Prize for their reporting on the Max
https://www.seattletimes.com/inside-...2020&utm_term=
hec7or is offline  
Old 5th May 2020, 09:43
  #45 (permalink)  
 
Join Date: Feb 2010
Location: attitude is nominal
Posts: 862
Well deserved I'd say.
Less Hair is online now  
Old 5th May 2020, 21:56
  #46 (permalink)  
 
Join Date: Dec 2006
Location: Whanganui, NZ
Posts: 169
Originally Posted by hec7or View Post
The Seattle Times has been awarded a Pulitzer Prize for their reporting on the Max
https://www.seattletimes.com/inside-the-times/seattle-times-wins-pulitzer-prize-for-boeing-737-max-coverage/
Dominic Gates and his team absolutely deserved this recognition, they did an absolutely brilliant job, at the beginning in the face of much scepticism from the rest of the aviation world
kiwi grey is offline  
Old 6th May 2020, 09:25
  #47 (permalink)  
 
Join Date: Jun 2006
Location: Planet no. 3
Posts: 98
Originally Posted by kiwi grey View Post
Dominic Gates and his team absolutely deserved this recognition, they did an absolutely brilliant job, at the beginning in the face of much scepticism from the rest of the aviation world
Agreed, that was journalism at its finest.
vlieger is offline  
Old 7th May 2020, 11:07
  #48 (permalink)  
 
Join Date: Oct 2019
Location: USA/England
Posts: 10
With the 737 Max now requiring the full simulator training that Boeing was trying to circumvent in the first place, they might have well avoided all the shortcuts taken which caused them to arrive here in the first place. They will have to repair the reputational damage by committing to their current customers of the 737 Max by spending whatever it takes to assure customers that this is a safe aircraft with multiple redundancies. Fortunately for them, the 737 lineage itself is still an intact brand with a good safety history. I don't see them abandoning ship - they have too many orders to scrap the airplane and it will take 5 years for them to design its successor.
GoldenGooseGuy is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information

Copyright © 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.