Boeing might halt 737 MAX production if grounding drags on
Boeing said it might slow or halt production of its 737 MAX jetliner if regulators don’t approve its return to service by the end of this year. The warning came as the aerospace giant reported Wednesday its biggest quarterly loss to date, after taking an initial US$7b hit on the grounding and slowed production of the MAX. CE Dennis Muilenburg said that while Boeing plans to continue producing 42 of its 737 jets a month and boost that rate to 57 next year, any slippage in the timeline for the return of the MAX could oblige the company to lower output. Boeing has said it hopes to restart MAX deliveries in Q4, but some govt and industry officials don’t expect it to fly again until next year. Boeing executives said questions remain about the process by which regulators and airlines will work to get the MAX back into passenger service. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-07-25/general/boeing-might-halt-737-max-production-if-grounding-drags-on
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Boeing might halt 737 MAX production if grounding drags on
Boeing said it might slow or halt production of its 737 MAX jetliner if regulators don’t approve its return to service by the end of this year. The warning came as the aerospace giant reported Wednesday its biggest quarterly loss to date, after taking an initial US$7b hit on the grounding and slowed production of the MAX. CE Dennis Muilenburg said that while Boeing plans to continue producing 42 of its 737 jets a month and boost that rate to 57 next year, any slippage in the timeline for the return of the MAX could oblige the company to lower output. Boeing has said it hopes to restart MAX deliveries in Q4, but some govt and industry officials don’t expect it to fly again until next year. Boeing executives said questions remain about the process by which regulators and airlines will work to get the MAX back into passenger service. <br/>
