Boeing supplier sees Max trailing production goal for four years
Boeing’s 737 Max will take four years to reach production levels originally targeted for 2019 even if the grounded jet resumes flying this summer, according to a supplier of parts for its airframe and engine. Senior Plc, which counts Boeing as one of its biggest customers, said Monday that it will likely take until 2023 for the Max to reach a build rate of 57 planes per month, which had initially been planned for last year before two fatal crashes led to the model to be idled worldwide. CEO David Squires said that the projection reflects comments from Boeing and larger suppliers such as Spirit AeroSystems, which said last month that it doesn’t see Max output returning to the previous peak of 52 a month until 2022. “We currently expect all of our 737 Max customers to align around a new build rate and ramp profile over the course of 2020 and 2021 with a steady increase in rates over the next four years,” Squires said.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-03-03/general/boeing-supplier-sees-max-trailing-production-goal-for-four-years
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Boeing supplier sees Max trailing production goal for four years
Boeing’s 737 Max will take four years to reach production levels originally targeted for 2019 even if the grounded jet resumes flying this summer, according to a supplier of parts for its airframe and engine. Senior Plc, which counts Boeing as one of its biggest customers, said Monday that it will likely take until 2023 for the Max to reach a build rate of 57 planes per month, which had initially been planned for last year before two fatal crashes led to the model to be idled worldwide. CEO David Squires said that the projection reflects comments from Boeing and larger suppliers such as Spirit AeroSystems, which said last month that it doesn’t see Max output returning to the previous peak of 52 a month until 2022. “We currently expect all of our 737 Max customers to align around a new build rate and ramp profile over the course of 2020 and 2021 with a steady increase in rates over the next four years,” Squires said.<br/>