The Business Daily of the Global Scheduled Airline Industry Since 1939 July 30, 2020 AIRFRAMERS Boeing Deepens Production Cuts, Inside: Delays 777X GUY NORRIS,
[email protected] AIRLINES JetBlue Tests Honeywell UV Facing another heavy quarterly loss of $2.4 billion, the COVID-19-triggered market Cabin Disinfection System PAGE 3 downturn, and continued uncertainty over the timing of the return-to-service of the 737 Wizz Air Has Been ‘Waiting For This MAX, Boeing is making further cutbacks to its commercial aircraft production rates, Moment For 10 Years,’ CEO Says PAGE 5 studying additional layoffs and delaying deliveries of the 777X until 2022. Laudamotion To Shut, Become Announcing new steps in its aggressive retrenchment plan as part of the company’s Malta-Based Lauda Europe PAGE 6 2020 second-quarter results, Boeing also confirmed production of the 747 will end in SUPPLIERS 2022 and said it is evaluating whether to consolidate in one location its two 787 produc- GE Aviation Finances Battered tion facilities in Everett, Washington and Charleston, South Carolina. By Production, Services Slowdowns PAGE 4 The company’s priority remains fixed on returning the 737 to service, but with 450 REGULATORY/LEGISLATIVE aircraft already built and in storage awaiting delivery, Boeing is slowing plans to ramp up Majority Of U.S. House Urge Payroll production to 31 per month from 2021 to early 2022 amid on-going market softness and Support Extension PAGE 6 the prolonged process of recertification. Boeing now believes deliveries will restart in the fourth quarter of 2020 pending clearance of the MAX, which was grounded in March 2019 after two fatal accidents.