Lindy field From United States of America, joined Mar 2001, 3072 posts, RR: 15 Posted (11 years 5 months 2 weeks 2 days 1 hour ago) and read 961 times:
AIRLINERS.NET CREW HEAD DATABASE EDITOR
For those who wanted to wait for official confirmation, it's here:
Boeing to Continue 717 Production; Updates Sept. 11 Financial Impacts
CHICAGO, Dec. 13, 2001 – Boeing affirmed today its commitment to the 717 jetliner program and provided an estimate of non-recurring charges related to this and other Sept. 11 events.
Based on current information and assessments, the company expects to recognize non-recurring, after-tax charges in the fourth quarter totaling approximately $700 million for these Sept. 11- related events, as well as some minor charges at its Military Aircraft and Missile Systems unit. The cash flow impact has been included in our guidance.
At the time of its third quarter earnings release, Boeing officials said they were still assessing the financial impact of the events of Sept. 11 and the future of the 717 program.
After a thorough evaluation of the program and market, Boeing has made a business decision to continue production of the 717. The 717 is the leading 100-passenger airplane. However, due to reduced near-term demand following the events of Sept. 11, the program will go forward with a lower production rate and revised delivery projections.
As predicted for the last few days. How long will it take before we hear about another 717 order? Maybe Midwest Express and Boeing can now finally settle on the terms of their deal...
717fan From Switzerland, joined Nov 2001, 2017 posts, RR: 7 Reply 2, posted (11 years 5 months 2 weeks 1 day 20 hours ago) and read 776 times:
So, now its official and thats good. I hope that posts about stopping the 717 or so will be gone! I am sure that Boeing has some customers for the 717 left otherwise it would really make no sense for Boeing to continue the production and the sales efforts.