BOEING will cease production of its “Queen of the Skies”, the 747, as part of a number of changes being made due to the prolonged impact of COVID-19.
In a letter to employees, Chief Executive Dave Calhoun said “these production rate changes are not a reflection on your work or our capability.
“The market simply won’t support higher output levels at this time, and we need to adapt accordingly.”
Boeing will also slow its ramp-up of 737 production, reduce the combined 777/777X production, ease its 787 production and warned of further workforce cuts.
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Source: traveldaily