Boeing eyes production pause as virus spreads: sources

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Boeing Co is leaning toward a temporary work stoppage at its twin-aisle jetliner factories due to the spread of coronavirus, people familiar with ...

Boeing Co is leaning toward a temporary work stoppage at its twin-aisle jetliner factories due to the spread of coronavirus, people familiar with the matter said on Thursday, echoing a similar move by European rival Airbus SE.

Airbus announced plans earlier this week to halt operations at its plants in France and Spain for four days, after Reuters reported it was studying plans to slow or halt production.Boeing, which employs 70,000 people in Seattle's Puget Sound area, has some 14 confirmed coronavirus cases as of Thursday, many reported at its Everett hub north of Seattle.

Confirming a Reuters report, Boeing said last week it was freezing hiring and industry sources have said layoffs or furloughs are likely as virus concerns peak.

 

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