Airline says it will have to cut passenger forecasts due to lack of planes, with Airbus also hit by production issues

16 OCT.2024

Boeing is grappling with a strike by 33,000 workers that began a month ago, and the persisting fallout from safety fears, prompting the US planemaker to announce a year’s delay to the first delivery of its 777X commercial jetlinerand moves to cut 17,000 jobs worldwide.

Its Toulouse-based main rival, Airbus, is also struggling with delivery delays and has been hit by heavy charges in space systems, including OneSat, and delays and rising costs in the defence business. On Wednesday, it announced plans to cut 2,500 jobs – 7% of its defence and space division – by the middle of 2026, after talks with unions.

Ryanair boss and IATA’s Willie Walsh sound alarm over Boeing delays

Airline says it will have to cut passenger forecasts due to lack of planes, with Airbus also hit by production issues

the Guardian