Boeing resumes production at Seattle plants after strike
(FILES) A logo is seen on the Boeing stand on the opening day of the Farnborough International Airshow 2024, south west of London, on July 22, 2024. Boeing will plead guilty to fraud as part of a deal with the US Department of Justice over two fatal 737 MAX crashes, according to a court filing on July 24, 2024. The agreement comes after prosecutors concluded Boeing flouted an earlier settlement addressing the disasters, in which a total of 346 people were killed in Ethiopia and Indonesia more than five years ago. (Photo by JUSTIN TALLIS / AFP)
Boeing has resumed production on the 737 MAX after a nearly three-month stoppage due to a lengthy labor strike in the Seattle region.
The statement came as Boeing disclosed that it made 13 new plane deliveries in November, including nine MAX jets produced before the strike.
But Boeing’s deliveries have lagged its historic trend, pinching revenues. Boeing has delivered just 318 jets in all through the first 11 months of the year.
In 2023, it delivered 528 planes. In 2018, Boeing delivered 806 planes.
Boeing’s travails have dented its financial outlook, resulting in the company raising more than $20 billion in new stock offerings this fall and trimming its workforce by 10 percent.
In recent weeks Boeing notified 4,700 US workers that they will be laid off, including nearly 2,600 in the Seattle region, according to figures compiled by AFP.