Boeing calling back retirees to fix 737 production snags

Boeing is bringing retired workers back on the job as the planemaker tries to fix delays at its 737 jetliner plant outside Seattle, a union official said Monday. The snarl at its plant in Renton, Washington, triggered by shortages of engines and fuselages as Boeing sped production to record levels in June, is likely to hurt Q3 results and threatens its goal to boost build rates again in 2019, some analysts said last week. Investors will get a peek Tuesday at how far behind Boeing is when it releases its order and delivery tallies for August, a month after deliveries fell to the lowest level in years. Boeing started hiring retired mechanics and inspectors on a temporary basis after reaching an agreement with the International Association of Machinists and Aerospace Workers Aug 15. Boeing had a similar agreement with the union last autumn. <br/>