Source or just speculation?
“.....Source or just speculation?.....”
Source. The company also said that they are implementing employee buyouts to reduce staff expenses. The Union will scream and people will be financially hurt.
Airbus has shut down production.
But the Boeing brand has been broken. It is not just the 737 Max, there are problems with 737 wiring to critical systems. There are problems with tools and things in the fuel tanks on other models (a problem that had been earlier solved, but reappeared). There is also a major problem with the military refueling tanker where the fueling boom needs a major redesign.
The current management team and Board of Directors are not up to the task of running the company. It took years for that to happen, but to turn it around will require something they don’t have.