Three of Boeing's major suppliers said they expect no measurable impact on earnings this year or next from production cutbacks by the airplane maker announced last week (DAILY, Dec. 2,3). Pratt&Whitney said it took action in October, announcing the elimination of about 2,000 positions over the next two years. "Nothing that Boeing said surprised us," a spokesman said. The layoffs at Pratt were "driven not only by the Asian situation but by a dip in military orders. We think we have ...


You must be a paid subscriber to access "Boeing Suppliers Are Prepared For Commercial Aircraft Downturn".


Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to for access.


Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.