CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider.You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Boeing moves aircraft spare parts as it adjusts to Brexit

The airline manufacturing company is moving its aircraft spare parts to cushion on supply problems expected post-Brexit.

Aircraft manufacturing company Boeing has been moving some of its plane parts between its distribution centres in the United Kingdom and other parts of the world to cushion on supply problems expected post-Brexit.

Mr Ken Shaw, the head of supply chain management for Boeing’s services business told Reuters at the Australian International Airshow the firm is having spare parts ‘positioned in the right place(s)’.

‘We are continuously looking at the demand signals because we didn't have to worry about it before between the London distribution centre and shipping a part to France. Now we are having to be more purposeful, so we are redistributing inventory,’ Mr Shaw said.

Other aerospace firms are spending quite a bit of funds to move their inventories as the industry relies on a connected supply chain and parts distribution centres.

Last month, British multi-national engineering firm Rolls-Royce moved its jet engine designs to Germany to skip regulatory delays or any disruption on sales after Brexit.

Brexit not expected to impact Boeing’s manufacturing shipments

The impact on Brexit to Boeing’s manufacturing meanwhile, is low, claims Mr Shaw, as the parts from Britain are shipped to the United States and other countries rather than to Europe.

‘We are in pretty good shape but we have moved some parts around and we have done some redistribution to put things where we needed to just in case. We are about as ready as we can be not knowing what the outcome is going to be,’ he added.


This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

Trading around Brexit

Find out how the UK’s exit from the EU continues to affect traders, and discover:

  • The unique opportunities in a ‘hard’ and ‘soft’ Brexit
  • The markets you should be watching
  • Everything that’s happened so far

Live prices on most popular markets

  • Forex
  • Shares
  • Indices
Sell
Buy
Updated
Change
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Sell
Buy
Updated
Change
-
-
-
-
-
-
-
-
-
-
-
-
Sell
Buy
Updated
Change
-
-
-
-
China 300
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-

Prices above are subject to our website terms and agreements. Prices are indicative only

Plan your trading week

Get the week’s market-moving news sent directly to your inbox every Monday. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch.

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.