Boeing sees more narrowbody delivery delays in Q3

Boeing said Wednesday it expects delivery delays of its hot-selling narrowbody aircraft to continue deeper into the year as it grapples with delays of fuselages and engines from suppliers. "You saw some of that making its way into Q2 deliveries a little bit, and you'll see more of that in Q3 where we'll expect to have deliveries lower than our production rate," Boeing CFO Greg Smith said. The top-selling 737 is powered by engines made by CFM International, which has had some industrial problems in producing its new LEAP engine for the 737 MAX and some aircraft for rival Airbus. Boeing is also grappling with delays on fuselages supplied by Spirit AeroSystems. Spirit, which makes some 70% of the structure of the 737, has faced disruptions this year in its own supply chain. <br/>