Boeing CEO Says Stabilizing 737 Max Production Is Taking Longer Than Expected

Boeing's Chief Executive Officer, Kelly Ortberg, stated that stabilizing the production of its 737 Max aircraft is taking longer than anticipated. The company currently produces about 47 units per month but faces delays due to constraints in wing manufacturing at its Renton, Washington factory. The 737 Max remains Boeing's best-selling plane and a critical component for the company’s recovery following years of safety and quality issues. Ortberg mentioned that plans are in place to address production bottlenecks and expects output increases next year. He also noted certification of the larger Max 10 model is expected soon. The comments were made during an investor presentation at a Morgan Stanley industry conference, highlighting Boeing's ongoing efforts to regain market confidence while managing operational challenges.

By Leslie Josephs · CNBC ·

Boeing CEO Says Stabilizing 737 Max Production Is Taking Longer Than Expected

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Topics: 737 Max production delay Boeing CEO statement

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