Boeing Helps Some Suppliers, But Squeezes Others - 80+ Regulators Who Have To Approve Restoring The MAX To Service
80 regulators who have to approve restoring the MAX to service.
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February 19, 2020 - by Scott Hamilton for leehamnews.com
Boeing says it is helping some suppliers with liquidity while the 737 MAX is grounded.
Other suppliers complain that Boeing is dunning them for alleged bad workmanship, squeezing cash.
Still others say Boeing proposes not paying them for MAX parts until every regulator in the world recertifies the airplane. There are some 80 regulators who have to approve restoring the MAX to service.
And one Tier 1 supplier, Leonardo, sued Boeing Dec. 23 for withholding $20m in payments for 767 slats. Boeing alleges faulty workmanship.
Leonardo says Boeing won't provide documentation of this claim.
The Leonardo lawsuit outlines in detail the...
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