Boeing Goes on Hiring Spree in High-Stakes Gamble on 737 MAX
Click Like to Follow Fliegerfaust Facebook page to get the News ASAP / Share to share this post now.
March 2, 2020 - by Julie Johnsson for bloomberg.com
- Planemaker adds machinists in anticipation of factory restart
- Company risks new cost pressures as jet's grounding drags on
In the weeks before Boeing Co. halted 737 Max production in January, company executives took a hard look at all the personnel who'd be left with little to do when the last jets rolled out of their Seattle-area factory.
The conclusion they came to, though, was surprising: The problem wasn't that there'd be too many mechanics idly milling around for months on end, but rather too few of them.
Sure, there'd be a cost to having them on payroll, but what worried managers more was the thought of not having enough workers around when they finally restart output of the Max.
That task will be made more difficult by the need to simultaneously maintain the hundreds of Max jets that Boeing built last year but was forced to keep in storage until airlines can start flying them.
All told, union figures show, Boeing has hired about 730 of these workers, a figure that is almost entirely net additions, according to IAM District 751, the company's biggest labor union...
- Indian IT Companies Blamed for Boeing 737 MAX Crisis; HCL ... ›
- Spirit AeroSystems Plans Boeing 737 MAX Restart in March ›
- Boeing 737 Max Simulators Are in High Demand. They Are Flawed ... ›