Boeing's production recovery programme has reached its riskiest point, with production of its new generation 737s doubling from seven to 14 a month. Boeing took an additional $350 million charge against the programme in the first quarter. The company, which will lay off 8,200 employees by the year 2000 as part of its rationalisation plan since the merger with McDonnell Douglas, also admits it is struggling to keep the MD-11 programme viable.
Source: Airline Business