Coronavirus brings Boeing's US airplane production to a halt after South Carolina 787 plant idled [CNBC]
Boeing Company (The) (BA)
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Source: CNBC
BoeingThe announcement came after South Carolina Gov. Henry McMaster ordered most residents to stay at home except for certain activities such as buying essential goods or visiting family.Boeing on Sunday said it will indefinitely extend a shutdown ofcommercial airplane factoriesBoeing said that staff who cannot work remotely will be paid for 10 days of work and that they can file for unemployment benefits or use paid time off, adding that benefits will continue "as normal" during the pause. The South Carolina operation is one of the two sites that make Boeing's wide-body Dreamliner jets.Coronavirus is a new crisis for the manufacturer that was already struggling with the fallout from two fatal crashes of its 737 Max planes. The pandemic has devastated air travel demand and Boeing's airline customers are parking hundreds of planes and deferring orders of others, setting up Boeing and its European rival Airbus for months of weak demand."It is our commitment to focus on the health and s
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BA
Earnings
- 10/29/25 - Miss
BA
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- BA's page on the SEC website