Boeing halts Puget Sound area production over virus

The Latest US futures swing sharply higher on Fed action

The Latest US futures swing sharply higher on Fed action

Boeing plans to begin reducing production activity today and projects the suspension of such operations to begin on Wednesday, March 25, at sites across the Puget Sound area.

Boeing said it would continue to monitor government guidance and actions on COVID-19 and its associated impacts on all company operations.

"This necessary step protects our employees and the communities where they work and live", said Boeing President and CEO Dave Calhoun.

Any Boeing employees who are able to work from home will continue to do so, and those who can't will receive paid leave for the 10 working days in the two-week suspension.

Boeing said on Monday it will halt production temporarily at its Washington state twin-aisle jetliner factory due to risks from coronavirus, confirming an earlier Reuters report.

In the wider US there have been over 41,500 cases and almost 500 deaths, according to a count from Johns Hopkins University in Baltimore, Maryland.

Covid-19: Trump approves Major Disaster Declaration for California
Senate Majority Leader Mitch McConnell has urged senators to "signal to the public that we're ready to get this job done". OR issued such an order on Friday night, joining states that include California, Illinois and NY .

Reuters reported last week that the USA planemaker has been considering a temporary work stoppage at the Everett factory, where it makes twin-aisle jetliners, due to the spread of the coronavirus.

The spread of the CCP virus is causing an unprecedented situation for companies and communities around the world, the CEO said.

Boeing said it would keep employees, customers, and suppliers updated as to when production is started back up.

READ: Airbus test aircraft on COVID-19 mercy flights. Investor concern has been rising over cash pressures with the inventory totaled 70 through the close of Friday, at Boeing. The number of cases at Boeing has increased since then.

Many Boeing employees reached out to Q13 News concerned, angry and confused about conditions at the workplace.

Its plant in Renton, south of Seattle, produces the 737 line. They also complained about a lack of personal protective equipment, or PPE, and even hand sanitizer. The P-8A Poseidon is manufactured by Boeing, which is suspending production in the Puget Sound area in the wake of the outbreak of the coronavirus in Washington state. They said the Everett site alone spans more than 100 buildings and there's no confirmed transmission among crew members.

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