[Source: BBC]

Boeing is to cut another 7,000 jobs as its losses mount in the pandemic.

The US planemaker, which had already announced deep cuts, said its staff would be down to just 130,000 by the end of next year – 20% down on the 160,000 it employed before the crisis.

The coronavirus pandemic and safety concerns about its 737 Max jet have contributed to a slump in orders.

The firm posted a loss of $466m (£354m) for the three months to 30 September, its fourth straight quarterly decline.

However, it reaffirmed its expectation that US deliveries of the 737 Max would resume before the end of the year, albeit at deeply reduced production rates.

The fleet has been grounded since March 2019 after 346 people died in two separate air crashes.