One of Boeing's factories in Washington State.

-

Elaine Thompson / AP / SIPA

Boeing, still under pressure from the pandemic and the 737 MAX crisis, plans to cut 7,000 additional jobs by the end of 2021, to increase its total workforce to 130,000 employees, against 160,000 at the start of the year.

The group saw its turnover fall again by 29% in the third quarter and recorded a net loss of $ 449 million over the period.

He had already announced in the spring, just after the start of the large-scale spread of Covid-19, a 10% reduction in its workforce, which had resulted in the departure of 19,000 employees.

At the same time, around 3,000 people were hired in the company's defense division.

Dave Calhoun, the CEO, warned in July that further cuts were to be expected.

He stressed Wednesday in a letter to employees wanting to give priority to voluntary departures and early retirement "in order to limit the impact on employees and the company".

The 737 MAX crisis lingering

"The global pandemic continues to put pressure on our business this quarter, and we are aligning with this new reality by tightly managing our cash flow and transforming our business to be sharper, more resilient and more sustainable over the long term." , he noted in the earnings release.

As air traffic remains heavily affected by the pandemic, and airlines multiply order cancellations for new aircraft, Boeing delivered just 28 aircraft during the quarter, causing its commercial aviation division's revenue to drop by 55. % to $ 3.6 billion.

Boeing is still waiting for the green light from the authorities to fly its flagship aircraft, the 737 MAX, grounded since March 2019 after two accidents that killed 346 people.

There are still several steps to be taken before the US aviation agency, the FAA, cancels the grounding order.

Boeing had estimated in July that deliveries could resume by the end of the year and did not give any new indications on this subject on Wednesday.

The group, which has already reduced the production rate of its planes, does not yet plan to reduce the rate of manufacture even further.

The division devoted to defense, space and security has for its part seen its revenues decrease by 2%, to 6.8 billion dollars.

Sales for those dedicated to customer services, such as aircraft maintenance, fell 21% to $ 3.7 billion.

The group's share was 0.2% in electronic trading preceding the opening of the official session on the New York Stock Exchange.

World

Boeing 737 MAX: American Airlines plans to use the plane for flights in late December

World

Boeing 737 MAX takes to the air for test flights

  • Dismissal

  • Economic crisis

  • Plane

  • Aviation

  • Boeing

  • Economy