Boeing is losing $1 billion a month with planes awaiting parts
The IndependentThe latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Boeing is burning through more than $1 billion in cash a month as it has dozens of new planes sitting outside factories in need of parts. Part shortages and other issues have left Boeing with roughly 200 mostly finished jets sitting on airfields, outside plants and even in employee parking lots, according to the Wall Street Journal. “They can only sit around so long before you have to do something with them.” Boeing has roughly 200 planes awaiting final parts delayed because of supply chain issues Boeing has seen its production slowdown since the safety concerns launched a series of federal investigations. In fact, those slowdowns might be helping Boeing as it leads to fewer planes being produced than normal and fewer sitting waiting for final parts.
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Boeing reports $1.4bn losses as embattled aerospace giant is rocked by safety scandals
The Independent
Boeing posts three-month loss of $2.4 billion
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