Boeing faces FAA review amid supplier's labor strike furloughs

In the United States, Boeing's largest supplier, Spirit AeroSystems, announced it will furlough 700 workers starting October 28 due to a labor strike that has halted production of Boeing 767s, 777s, and 737 Max jets since September 13. There is concern that if the strike continues beyond November, layoffs may be necessary. Spirit is facing financial difficulties related to the strike, as it has accumulated a large inventory of aircraft parts that cannot be shipped. Boeing is concurrently undergoing increased scrutiny from the FAA regarding its safety compliance processes amidst claims of undue pressure on employees conducting safety inspections. The FAA's review is part of its oversight duties and follows an incident involving a Boeing Max that heightened concerns over safety standards. As the strike drags on, Boeing is planning significant layoffs, affecting around 17,000 employees, complicating the overall financial and operational landscape of the company and its suppliers.