Boeing Soars On Plan to Reopen Seattle-Area Jetliner Factories
- About 27,000 people will return next week to assembly lines
- CEO sees U.S. airline aid as a step on ‘long road to recovery’
This article is for subscribers only.
Boeing Co. shares jumped after the company unveiled plans to restart jetliner manufacturing in the Seattle area next week, ending a shutdown that began last month because of the Covid-19 pandemic.
About 27,000 people will return to final assembly lines for twin-aisle jets such as the 747, 777 and 787 Dreamliner, the company said in a statement Thursday. Boeing will also resume its work toward restarting production of the 737 Max, which was halted in January. The Max has been grounded for more than a year after two deadly crashes.