Boeing mulls another cut to 787 output in new threat to cash

Boeing is considering another cut to production of its marquee 787 Dreamliner as the aerospace giant contends with sluggish demand, people familiar with the matter said. Executives are studying whether to trim monthly output by 2 planes to 10 a month from a reduced pace that was announced in October, the people said. While no final decision has been made, a new production schedule for the twin-aisle jet could be announced as early as next week when the company reports earnings. Boeing is grappling with slowing sales for wide-body aircraft in a market glutted with used models. The manufacturer has struggled to persuade airlines to accelerate deliveries to fill empty production slots, said one of the people. The 787 accounted for about 40% of Boeing’s jetliner deliveries in 2019. <br/>