Boeing To Cut 777 Production Further

Boeing will cut production on the 777 from the already reduced seven per month to five a month from August 2017.

The production drop comes as orders plummet due to the changeover from the current generation 777 to the new 777X model, due to enter commercial service in 2020.

Boeing expects some job losses as a result of the production changes, but hasn’t given details.

The decision comes just a day after Boeing agreed an order with IranAir for 15 current model 777-300ERs, a deal that was not enough to delay the ramp down in production.