Boeing's lower MAX production will slow planemaker's recovery, CEO says

Dave Calhoun News

Boeing's lower MAX production will slow planemaker's recovery, CEO says
BoeingProduction Levels737 MAX
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Calhoun, who will step down as CEO around the end of the year, acknowledged Boeing was 'in a tough moment' in the near term but reiterated that the company...

- Boeing 's lower 737 MAX production will slow the pace of its recovery, as it faces a "difficult" period following a harrowing mid-air blowout on one of its jets in January, CEO Dave Calhoun told employees on Wednesday.

Boeing is, however, seeing early signs of more "predictable, stable and efficient cycle times in 737 factory," and expects this will continue to slowly improve, Calhoun said.While he did not specify current production levels, Reuters reported earlier this month that output of its cash-cow 737 MAX had fallen sharply amid a step up in factory checks by U.S. regulators.

The company also expects a slower increase in the production rate and deliveries of its 787 widebody jets as the U.S. planemaker wrestles with supplier shortages "on a few key parts," a memo showed on Monday. Sophie Grégoire Trudeau is leaning into the unknown for her next chapter: 'I'm OK with the uncertainty'"So far as I know, you don't pay someone $130,000 not to have sex with you," the Utah senator remarked about the ex-president's payments to Stormy Daniels.

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