Wed, Nov 05, 2008
May Be Weeks Before Lines Are Running... And Don't Plan On The
787 Flying Until Next Year
The machinists strike may be over at Boeing.... but that doesn't
mean airplanes are rolling smoothly off the line just yet.
The Seattle Post-Intelligencer reports it may be two weeks
before some assembly lines are up and running. While many of the
Machinists undergo required recertification, necessary preparations
are being made to restart production.
Boeing had said early in the strike that it would issue revised
guidance to investors, and updated delivery predictions to
customers, after the strike ended. One industry analyst predicted
Monday the first flight of the 787 Dreamliner, scheduled before the
end of this year before the strike hit, could now be delayed until
February or March... and first deliveries to customers pushed off
into the second quarter of 2010.
And that assumes the company doesn't suffer a strike by 21,000
members of the Society of Professional Engineering Employees in
Aerospace. Their contract ends December 1st, and Boeing says it
will present its final offer to the union by November 11.
A strike by SPEEA wouldn't completely shut down jet
production... but could disrupt deliveries, and further delay the
assembly of 787 development aircraft at Boeing's plant in Everett,
Analysts think Boeing lost more than $2.6 billion in cash during
the strike. The company says it will not raise output to make up
for production lost during the 57 days the machinists stayed
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