Boeing and Adient (automotive seating supplier) have formed a joint venture to produce airliner seats. Will this be a good long term / short term move for Boeing.
Brief Excerpt:
"Fed up with delays that have plagued production of luxurious jetliner cabins, Boeing Co. is forming its own company with a major seat supplier to the auto industry.
The joint venture with Adient Plc will be based near Frankfurt, Germany, along with a technology center and an initial production plant, the companies said in a statement Tuesday. It will market seats to airlines and leasing companies that are ordering new planes and retrofitting older ones"
https://www.bloomberg.com/news/articles ... -suppliers
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