737 MAX's first flight starts a year of transition for Boeing

The planned first flight of the Boeing 737 MAX Friday will be a major milestone for the company, but it also marks a transition year in which costs related to early-production aircraft are expected to impact 2016 revenue and deliveries. Boeing's 2015 revenue was US$96.11b, up 6% from 2014 and a full-year record for the company. Boeing delivered 762 commercial aircraft last year, up 5% from 2014 and also a company record. But Boeing president and CE Dennis Muilenburg warned that both figures are likely to decline in 2016, citing the 737 MAX program. This year will be a "bit of a transition because of the MAX," he said Jan 27 when discussing Boeing's 2015 earnings. "Our delivery guidance is down about 20 aircraft. The majority of that" is related to the MAX program. Boeing plans to build approximately 12 737 MAX aircraft in 2016. <br/>
ATW
http://atwonline.com/manufacturers/737-max-s-first-flight-starts-year-transition-boeing
1/28/16