6 sources·Business

Boeing Resumes 737 Max Production After Strike Amid Financial Challenges

Boeing has restarted 737 Max production in Renton, Washington, following a seven-week strike that ended in early November, while facing ongoing financial issues.

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Updated: Dec 10th, 2024, 10:47 PM ET

Summary

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Boeing resumes production of the 737 Max at its Renton plant after a seven-week strike involving 33,000 workers. The production had been halted to address ongoing FAA scrutiny and quality control issues. Despite recent orders, Boeing faces financial challenges, necessitating significant layoffs, with around 17,000 job cuts anticipated to align workforce levels with new production goals. The company aims to increase its production limit from 38 to 56 jets per month after demonstrating resolution of quality and safety concerns raised by the FAA.


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Boeing Resumes 737 Max Production After Strike Amid Financial Challenges - Pano News