Boeing asks supplier to cut back production citing pandemic, high inventory
from Supply Chain Dive
The declining demand for new aircraft in the struggling airline industry is the second blow to Spirit AeroSystems in less than a year. The first came after Boeing's decision to temporarily stop production of the 737 Max after the model was grounded following two deadly crashes that killed a total of 346 people. The 737 Max production accounts for more than 50% of Spirit's annual revenue, the company explained earlier this year.
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