Due to puzzling technicalities, busy Paine Field has had little luck with the federal bailout.
The airplane manufacturer is burning through the most money it ever has with travel at a standstill.
The company will reduce production of 787s and 777s and very slowly resume work on the 737 Max.
Two proxy advisers warned shareholders to support CEO David Calhoun “with caution.”
Both Airbus and Boeing are preparing for job cuts as they gauge the depth of the downturn.
The 2 employees stayed home after falling ill in mid-March. Their test results just came through.
The losses are mainly from retail and dining rents, parking, car rentals and ground transportation.
It had been discovered that shadows or the glare of the sun sometimes can hamper the 3D cameras’ view.
Promising vigorous cleaning and social distancing, the company has opened facilities throughout the state.
Both companies have announced cost cuts and curtailed operations amid the virus outbreak.
More than 27,000 employees are expected to return to work in Everett and Renton starting Monday.
The company invested $1 billion in 777X wing plant in Everett. Walking away from it seems unlikely.
Federal grants are based on 2018 passenger counts. Unfortunately, Everett passenger service began in 2019.
The company lost orders for 150 Renton-built 737 Max aircraft last month.
Alaska Airlines is down to four daily Everett departures. United is flying once or twice.
With COVID-19 still a concern, the company promised to “have all of the necessary safety measures in place.”
The company had planned to reopen on Wednesday. About 60 Everett employees have tested positive.
The change in the Everett-built airplane involves a remote vision system used for aerial refueling.
The plane-leasing company will also defer delivery of 25 Boeing and Airbus narrow-bodies.
The buyouts would keep a $60 billion bailout option viable. Forced layoffs would complicate that effort.
