Boeing strike delay to cause ’slightly’ longer schedule slip for 787: McNerney
Boeing executives today slightly adjusted expectations about the 787 schedule after the ongoing strike by the International Association of Machinists (IAM) ends.
Jim McNerney, Boeing chairman, president and CEO, now says the strike delay will cause a “slightly” longer schedule slip for the 787 programme.
McNerney first told Wall Street analysts on a third quarter earnings webcast that he expects a day-for-day delay for the 787 as the nearly eight-week-old strike continues, re-affirming Boeing’s previous statements.
A few moments later, Boeing CFO James Bell hinted that delay caused by the strike could be even longer. Bell said a ramp-up period would be necessary after the machinists returned before full production is restored.
After an analyst asked for a clarification, McNerney added an addendum to his “day-for-day” description of the projected 787 delay.
“We estimate
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