Boeing Delays 737 Max Production Target
Boeing Delays 737 Max Production Target
Boeing Delays 737 Max Production Target
News summary

Boeing announced that it will delay reaching its production target for the 737 Max, pushing the anticipated monthly output of 42 aircraft from September 2024 to March 2025 due to ongoing quality control issues. The FAA has restricted production increases until Boeing can meet specific quality metrics, which must be verified as satisfactory. Despite maintaining an official production target of 38 planes per month by the end of 2024, the company has faced significant challenges following a January incident that affected production stability. Boeing's inability to utilize parts at the expected rate has caused uncertainty among suppliers, impacting their operations. The company's shares have seen a significant decline amid these production setbacks and ongoing safety concerns related to the 737 Max. FAA Administrator Mike Whitaker emphasized that production caps will remain in place until Boeing demonstrates improved quality metrics.

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