Author Topic: Halting 737 Max production will hit suppliers, airlines  (Read 464 times)

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Offline Elderberry

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Halting 737 Max production will hit suppliers, airlines
« on: December 18, 2019, 02:07:35 am »
Houston Chronicle by By TOM KRISHER 12/17/2019

As Boeing prepares to shutter much of a huge factory near Seattle that builds the grounded 737 Max jet, the economic hit is reverberating across the United States in places such as Wichita, Kansas, Stamford, Connecticut, and Cincinnati.

Those cities are home to some of 900 companies worldwide that supply parts for the troubled plane, which analysts say is the largest manufactured product exported from the U.S.

Boeing does not currently plan to lay off any of the 12,000 workers at its factory in Renton, Washington. But smaller parts companies like Wichita-based Spirit AeroSystems might not have that luxury. They could be forced to cut employees, and some might even get pushed out of business.

With 13,500 workers, Spirit is the largest employer in Kansas’ biggest city. It gets half of its revenue from making fuselages for the 737.

Even though Max production had slowed earlier in the year, Spirit and other suppliers continued to crank out parts, putting many of them in storage. As of Friday, Spirit had 90 fuselages on a ramp adjacent to nearby McConnell Air Force Base.

More: https://www.houstonchronicle.com/news/us/article/Boeing-gets-FAA-message-will-halt-Max-production-14911704.php