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Coronavirus disaster on aircraft maker Boeing, factories closed

Boeing, one of the world’s largest aerospace companies, has also been impacted by Coronavirus. The company has stopped production at its Washington-based factory for a few days. Actually, the company has taken this decision in view of the infection of the coronavirus epidemic. In such a situation, Boeing will no longer manufacture long-haul aircraft. On this whole matter from the company, it has been told that this temporary stop on production at the plant located in puget sound will start from Wednesday for two weeks.

Boeing has also stated that the decision will not affect the production of 787 aircraft at its South Carolina plant. That is, the company will continue production of its aircraft in this plant. For your information here, let us inform that Boeing has already stopped the production of 737 Max in Renton.

The impact of the disaster caused by the coronavirus epidemic is clearly visible in the company’s production. In such a situation, Boeing has asked the US government to release $ 60 billion for the aircraft industry.

Meanwhile, the Coronavirus pandemic has brought business to a standstill in the US. The state of New York, which is considered the center of commercial and financial activities, has also deteriorated. US economist Greg Deco, who heads Oxford Economics, says that the US economy could see a decline of 0.4 per cent in the first quarter of the year. At the same time, it can go up to 12 per cent in the second quarter.

In such a situation, economist Goldman Sox says that in the second quarter, the US economy may see a steep decline of up to 24 percent. At the same time, it has been claimed that at present, the number of unemployed people has reached 22 lakhs. Deco has estimated that by April the number of unemployed in the US could be 16.5 million.

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