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Stock impact report

Boeing suspends 787 airplane production [TechCrunch Blog]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: TechCrunch Blog
BoeingThe closure will start at the end of the second shift April 8.“It is our commitment to focus on the health and safety of our teammates while assessing the spread of the virus across the state, its impact on the reliability of our global supply chain and that ripple effect on the 787 program,” Brad Zaback, vice president and general manager of the 787 Program and BSC site leader said in a statement.Boeing already stopped operations at its Seattle area facilities. Boeing said Sunday it would extend the suspension of production operations at its Puget Sound area and Moses Lake sites in Washington until further notice. The company said it extended the closure due to the spread of COVID-19 in Washington as well as the reliability of the supply chain.Boeing didn’t provide a date when it will restart production of the 787 airplanes or provide guidance on any of its other operations in the U.S.Employees at the Boeing South Carolina (BSC) facility who can work remotely will continue to d Show less Read more
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