A top Boeing supply chain executive said on Tuesday suppliers and airlines had the right to be sceptical about company jet output forecasts, following a...
FARNBOROUGH, - A top Boeing supply chain executive said on Tuesday suppliers and airlines had the right to be sceptical about company jet output forecasts, following a recent decline in the planemaker's production.
Planemakers also need to invest more time and money to train new entrants to aerospace following mass retirements of more experienced workers during the pandemic, executives said at a McKinsey & Co panel on supply chains. HONG KONG -China will gradually raise its statutory retirement age, now among the world's lowest, to allow people to work longer, as it struggles to relieve soaring pressure on pension budgets, with many provinces already facing deficits. The reform is urgent, with life expectancy having risen in China to 78 years by 2021 from about 44 years in 1960, outstripping the United States, and is projected to exceed 80 years by 2050.
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