The US Navy has awarded a $1.5 billion production contract for 18 P-8A Poseidon aircraft to Boeing, which likely provides welcome relief during the coronavirus crisis.
Boeing is attempting to restart 737 MAX production by mid-2020, according to multiple sources cited by CNBC and Al-Jazeera.
A worker at Boeing’s Everett factory near Seattle has died of coronavirus, according to The Seattle Times.
Boeing is set to lay off staff and cut its dividend in the wake of a collapse in aircraft orders, The Wall Street Journal has reported.
Until recently, the world's leading aircraft manufacturers Boeing and Airbus were behind of their delivery schedules due to the high demand for their workhorse passenger planes such as the A320neo or 787 Dreamliner.
The United States has reignited its trade war with Airbus despite the coronavirus crisis, raising tariffs from 10 to 15 per cent on the European planemaker’s aircraft.
