"We are working with them to manage risk, address hardships, and ensure their ability to support seamless production resumption."Data is a real-time snapshot *Data is delayed at least 15 minutes. Missing 20+ deliveries and lower production makes it more lost,” Raviv said. Safety first when it comes to airlines.”If the halt lasts longer than two or three months, the industry could see widespread job cuts, said Paul Weisbrich, an investment banker at D.A. That could cut the U.S. economy’s growth rate by a roughly a quarter, to 1.5%.You may occasionally receive promotional content from the Los Angeles Times.Economic output fell 32.9% in the second quarter, more than at any time since the Great Depression.Getting the 737 Max back in the air depends largely on the Federal Aviation Administration, which is evaluating Boeing’s effort to fix flight-control software that was a major factor in the crashes. Hussain was raised in L.A. and graduated from UC Berkeley with a degree in political economy.The first wave of coronavirus vaccines might be like a flu shot, experts say, curbing symptoms in some patients but not protecting them from COVID-19.As the world’s largest online retailer, Amazon has benefited from a stampede by consumers trying to avoid physical stores during the pandemic.Southwest Airlines, which was counting on the Max to update its fleet, pushed back any hope of restoring the plane to service by five weeks, to April.
Boeing 737 MAX: 2011: 2016: Re-engineered model range with CFM LEAP-1B engines, extended tail cone, fly-by-wire spoilers, electronic bleed air system and two-part winglets. They could be forced to cut employees, and some might even get pushed out of business.The company, which has more the 80 manufacturing sites worldwide with about 50,000 workers, said it can move people and manufacturing across multiple engine programs. However, it expects to make up a "substantial" portion of this from extra volume on other aircraft programs.Boeing suppliers said they have been given three potential schedules for resuming production, ranging from about 100 to 300 planes this year, depending on when assembly starts. United, which already pulled the Max from its schedules through March 4, said it will keep monitoring the process to determine when the aircraft can safely fly again.More From the Los Angeles TimesEven though Max production slowed earlier this year, Spirit and other suppliers continued to crank out parts, putting many of them in storage. https://www.foxbusiness.com/markets/boeing-737-max-suppliers "We realize this poses challenges for some suppliers and we appreciate their partnership and support during this time," a Boeing spokesperson said in a statement. That’s the positive spin,” Citi analyst Jon Raviv said in a note.