United States based aircraft making giant Boeing has restarted production of its 737 Max planes at a “low” rate, the company said earlier this week. The 737 Max planes were grounded globally by airline regulation authorities following tow traffic and fatal crashes involving the planes within a span of just give months between November of 2018 and March of 2019.
Since those planes were grounded in March last year, not a single place, many of which abound in many of the airlines of the world, have been allowed to fly in the air and the chances that the regulators will again allow the planes from flying again is some time away still. Experts have said that there are still some key steps before regulators can clear the planes to fly in the air again.
The company has restarted production of the 737 Max planes at the Renton, Washington plant of the company, Boeing said. The company has also taken greater measures for workplace safety and product quality.
“We’ve been on a continuous journey to evolve our production system and make it even stronger,” said Walt Odisho, vice president and general manager of the 737 programme.
A lingering uncertainty over regulators would clear the jet to fly again gad forced the aerospace giant to stop production of the 737 planes in January this year.
The US based plane making giant had been facing losses to the tune of billions of dollars because of the grounding of the 737 Max planes even before the company also severely hit by the novel coronavirus pandemic. Boeing was forced to cough up billions of dollars in compensation to airlines for not being able to deliver the planes. The company also lost money on production of the plane whose return to flight was uncertain. The company also lost money from storing more than 400 planes that could not be delivered to customers.
And at the beginning of the current year, troubles for the company were compounded by the coronavirus pandemic as its airline customers were pushed into a fight for survival because of the severe drop in demand for air tickets as travel restrictions were imposed all across the world to try prevent the fast spread of the pandemic.
Details on a downsizing plan that included slashing of a total of 10 per cent jobs in the company globally, which amounted to about 16,000 employees in all, was released by the company earlier on Tuesday.
The company said it approved 5,520 US employees for voluntary layoffs and was notifying another 6,770 staff members that they would be involuntarily let go.
(Adapted from ChaannelNewsasia.com)