Boeing To Ramp Up Production, But Workforce Reductions Are Expected Next Year | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne 12.11.17

Airborne-Unmanned 12.12.17

Airborne 12.13.17

AMA Drone Report 12.14.17

Airborne 12.15.17

Airborne-YouTube

Airborne 12.11.17

Airborne-Unmanned 12.12.17

Airborne 12.13.17

AMA Drone Report 12.14.17

Airborne 12.15.17

Tue, May 08, 2012

Boeing To Ramp Up Production, But Workforce Reductions Are Expected Next Year

Says Efficiencies On The Factory Floors Will Allow Hiring To Slow

Boeing says it plans to increase airliner production as airlines place major orders to replace older jets, but that efficiencies on its factory floors will allow it to slow the pace of hiring replacement workers.

In an interview with Dow Jones Newswires, Boeing VP for Marketing Randy Tinseth said that airline passenger growth is expected to continue to grow by about 5 percent this year, after a 6% jump last year, even with the global economic recovery continuing as a sluggish pace. Tinseth described the backlog of orders for new airliners as a "challenge"

But the Puget Sound Business Journal reports that Boeing's workforce will peak at about 83,000 this year, and then the pace of hiring will slow. The company will continue to replace retiring workers, but at a reduced pace from previous years.

The new employment strategy was first revealed in an April 25 conference call discussing first quarter performance. The company says that even with the planned production increases, fixing production problems on the 787 assembly lines and increasing efficiency of the workforce will allow it to pull back on the number of workers it hires going forward.

The paper says that many of Boeing's suppliers are still in ramp-up mode, with development of the longer Dreamliner continues. But employment analysts say the signs point to an eventual downturn in the workforce as development shifts to production. One Boeing official said that the Dreamliners coming off the line now are significantly less expensive to produce than the first ones to be assembled.

FMI: www.boeing.com


Advertisement

More News

Airborne 12.15.17: New Shepard Flies Again, Falcon 5X Cancelled, Flying Car Race

Also: Online Pilot Records Database, GA Security Bill, $1M 4 ERAU, Blades Aerobatic Team Blue Origin's New Shepard made its seventh test flight Tuesday afternoon at the company's l>[...]

AMA Drone Report 12.14.17: Drone Registry, AMA Q&A, New IDRA Boss

Also: LAFD Drones, Toys For Tots FPV, Modular Racing Drone, Community College Drone Program President Donald Trump has signed the Defense Authorization Bill that includes a reinsta>[...]

Airborne-Unmanned 12.12.17: ERAU Storm Chaser, USMC Drone Insignia, Malawian UAV

Also: NLR Signs Agreement, QinetiQ, Big Bend Community College, 2nd Annual UAS Conference, Tigershark UAS Kicking off a series of tests for its capstone project, the UAV Storm Chas>[...]

Darwin Airlines Faces Bankruptcy

Swiss Regional Carrier Has Been Grounded For Two Weeks Swiss regional carrier Darwin Airlines has finally thrown in the towel and admitted it is facing bankruptcy two weeks after t>[...]

Aero-News: Quote of the Day (12.17.17)

"Bringing ESPRESSO this far has been a great accomplishment, with contributions from an international consortium as well as many different groups within ESO: engineers, astronomers>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC