Boeing has confirmed it’ll reduce an extra 7,000 jobs as losses from the Covid-19 pandemic proceed to devastate the aviation sector.
The US producer, which had already introduced deep cuts, mentioned workers numbers can be all the way down to 130,000 by the tip of subsequent yr.
This implies the corporate can have 20 per cent fewer workers going into 2021 than the 160,000 it had earlier than the disaster.
The information comes as Boeing stories a internet lack of $466 million for the third quarter, as in comparison with a revenue of £1.2 billion for a similar interval final yr.
The corporate noticed income fall 29 per cent to $14.1 billion for the three-months to September 30th, down from $20 billion final yr.
Boeing mentioned issues about its 737 Max jet had additionally contributed to a stoop in orders.
Nevertheless, it reaffirmed its expectation that US deliveries of the 737 Max would resume earlier than the tip of the yr, albeit at deeply diminished manufacturing charges.
The fleet has been grounded since March 2019 after 346 individuals died in two separate air crashes.
“The worldwide pandemic continued so as to add stress to our enterprise this quarter, and we’re aligning to this new actuality by intently managing our liquidity and reworking our enterprise to be sharper, extra resilient and extra sustainable for the long run,” mentioned Boeing chief government, Dave Calhoun.
“Our numerous portfolio, together with our authorities providers, defence and area packages, continues to offer some stability for us as we adapt and rebuild for the opposite facet of the pandemic.
“We stay targeted on the well being and security of our workers and their communities.”
Boeing mentioned it had made regular progress towards the protected return to service of the 737 Max, together with rigorous certification and validation flights carried out by the US Federal Aviation Administration, Transport Canada and the European Union Aviation Security Company.
The joint operational analysis board, that includes civil aviation authorities from the US, Canada, Brazil, and the European Union, additionally carried out its evaluations of up to date crew coaching.
The 737 Max has now accomplished round 1,400 take a look at and test flights and greater than 3,000 flight hours because it progresses by way of the strong and complete certification course of, Boeing added.
