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✦Reported by Business Line

Boeing's dispute with a small Florida-based supplier has halted ​production of its 777 freighter for nearly two months

Boeing's dispute with a small Florida-based supplier has halted ​production of its 777 freighter for nearly two months
Source: Business Line

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓Boeing's dispute with a small Florida-based supplier has halted production of its 777 freighter for nearly two months.
  • ✓The issue also disrupted 767 output after supplier Vaero stopped delivering critical wing parts.
  • ✓Although the companies reached a settlement in late September, work has not resumed, costing millions every single day.

Story at a Glance

Category
MARKET
Reported By
Business Line
Reading Speed
3 Minute(s)
Market Focus
India Economy

777X jets avoid impact because their wings are made of composites

Boeing's dispute with a small Florida-based supplier has halted production of its 777 freighter for nearly two months ⁠and disrupted output of the 767, including freighters and KC-46 aerial refueling tankers, according to Boeing workers and court filings.

Boeing filed a complaint in August alleging supplier Vaero had stopped delivering a critical wing component known as the trailing-edge rib kit, stalling work at the Everett, Washington, wing-production facility that supports the 777 freighter and 767 programs, according to a copy ⁠of the complaint reviewed by Reuters. The disruption was costing ⁠Boeing as much as $6.5 million a day, the complaint said.

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Boeing's dispute with a small Florida-based supplier has halted ​production of its 777 freighter for nearly two months | ArthNow