WSJ "US Aircraft Manufacturer Boeing Pushes Early Retirement Due to COVID-19"

[Asia Economy Reporter Naju-seok] Aircraft manufacturer Boeing is expected to push for voluntary retirement, the Wall Street Journal (WSJ) reported on the 1st (local time).

This is the result of the combined impact of the aftermath of aircraft crashes and the decrease in passenger demand due to the novel coronavirus infection (COVID-19). After countries controlled their borders and announced measures to restrict movement due to COVID-19, airlines that had purchased passenger planes have fallen into severe financial difficulties.

Boeing plans to announce a voluntary retirement plan to propose voluntary resignation.

Previously, Boeing faced a management crisis after the 737 Max model crash accident last year. However, Boeing did not take measures such as layoffs even during that crisis.

As of last year, Boeing had 161,000 employees.

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