Boeing calling back retirees to fix 737 production snags

Boeing Co (BA.N) is bringing retired workers back on the job as the world’s largest planemaker tries to fix delays at its 737 jetliner plant outside Seattle, a union official told Reuters on Monday. The snarl at its plant in Renton, Washington, triggered by shortages of engines and fuselages as Boeing sped production to record levels in June, is likely to hurt third-quarter results and threatens its goal to boost build rates again in 2019, some analysts said after meetings in the Seattle area last week. Investors will get a peek on Tuesday at how far behind Boeing …read more

Source:: Yahoo Finance

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