Boeing reduced the size of its top leadership team Tuesday and enlarged the already extensive authority of number two executive Greg Smith.
The changes, driven by new CEO Dave Calhoun, are billed in a company statement as “preparing now for the post-pandemic industry footprint.”
Boeing also signaled it will have to cut production, because it believes the post pandemic aviation market will be much smaller.
In a message to employees earlier this month Calhoun warned that when the world emerges from the pandemic, the size of the commercial jet market is likely to be significantly smaller.
“We will need to balance the supply and demand accordingly as the industry goes through the recovery process for years to come,” he told employees.
This means Boeing will have to cut production to match the need for fewer airplanes.
https://www.seattletimes.com/business/b ... footprint/
So, how will the post pandemic Boeing look like? Any insight on the new production rates?