Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business
Elodie MAZEIN

Union Says Boeing Penny-pinching Has Hurt Supply Chain

Boeing 737 MAX jets are seen under construction at the aeronautics giant's plant in Renton, Washington (Credit: AFP)

Boeing's practice of aggressively pressuring suppliers on costs has damaged its own supply chain, contributing to the aviation giant's current woes, a top union negotiator told AFP this week.

"Boeing has spent a long time, since 2012 trying to squeeze the supply chain by forcing them to cut their costs to Boeing, year over year," said Jon Holden, president of the International Association of Machinists and Aerospace Workers (IAM) for District 751.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.