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March 07, 2004

Aero-News Quote Of The Day (03.07.04)

"When people stop buying them (717s), we will shut it down. There are ongoing campaigns. If those are successful, it will continue on. I'm not trying to be flip or glib about it at all." Source: Boeing CEO Harry Stonecipher, speaking in January about the troubled 717 production line. Orders for Boeing's smallest commercial offering are down and now the company wants to take a $400 million charge-off for marketing efforts that appear to be making little headway. The charge-off could mean the beginning of the end of the aircraft line, which is based in Long Beach (CA) and could mean pink slips for many of the company's 14,000 workers there.

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