Planemakers brace for sharp cuts in wide-body output: sources

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Boeing (BA) Reports Temporary Suspension of Philadelphia Area Operations in Response to Escalating COVID-19 Pandemic

April 3, 2020 5:50 AM EDT

Boeing (NYSE: BA) is temporarily suspending production operations at its facilities in Ridley Township, Pennsylvania, in light of the company's continuous assessment of the spread of COVID-19 in the region. This action is intended to ensure the well-being of employees, their families and local communities, and will include an orderly shutdown consistent with requirements of U.S. and global defense customers.

Boeing will suspend operations beginning at the end of day on Friday, April 3.... More