Boeing October jet deliveries fall 14%; 2,500 airliner jobs cut
· Politics · United States
Boeing delivered 49 jets in October, down from 57 the previous month and 53 a year earlier, a 14% decline, the company said Tuesday. Separately, Stephanie Pope, head of Boeing's commercial airplanes division, told staff in a memo that 2,500 jobs were being cut because the unit was "overstaffed" after production increases stalled. The delivery figure is closely watched as a gauge of the manufacturer's recovery and cash flow. Boeing has been working to stabilise output after years of safety and production crises.
Why it matters:Boeing's output and costs are central to global aircraft supply, airline fleet plans and its own recovery.
Key points
- October deliveries fell to 49 from 57 in September.
- 2,500 jobs are being cut in the commercial unit.
- Boeing said the division was overstaffed after production stalled.
Sources (original reporting)
More stories from this day
- US House Republicans block bid to impeach Hegseth
- Republicans pick Jim Jordan as House leader; Democrats press Schumer
- Judge lets Trump's $10 billion defamation suit against BBC proceed
- Trump nominates former Kansas governor Colyer as UAE ambassador
- US poll finds death penalty support below majority; voters focus on costs
- US SEC enforcement activity plunges under Trump, reports say