Boeing May Pare Back 787 Productions, Sources Say --Bloomberg

Date : 01/24/2020 @ 6:10PM
Source : Dow Jones News
Stock : Boeing Co (BA)
Quote : 275.11  -12.65 (-4.40%) @ 10:30PM
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Boeing May Pare Back 787 Productions, Sources Say --Bloomberg

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--Declining demand has led Boeing Co. (BA) to consider cutting back on production of its 787 Dreamliner, Bloomberg reported Friday, citing "people familiar with the matter."

--Boeing may cut production on the jet to 10 a month from the current 12, the report said.

--A company spokesman said, "We will continue to assess the demand environment and make adjustments as appropriate in the future," according to the report.

 

Full story: https://www.bloomberg.com/news/articles/2020-01-24/boeing-weighs-another-cut-to-787-output-in-new-threat-to-cash

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

January 24, 2020 12:55 ET (17:55 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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