Boeing Resumes 737 MAX Deliveries After Manufacturing Glitch

Boeing has resumed delivering 737 MAX jets from inventory to customers after a manufacturing glitch forced a brief halt, the company said on Thursday. The resumption could help the planemaker achieve its goal of delivering 400-450 jets this year.


Boeing was forced to halt deliveries of some 737s earlier this year due to improperly installed brackets. Some analysts had expected the halt to delay Boeing's plans to ramp up 737 MAX production to 38 jets per month from 31 currently. However, Boeing CFO Brian West reiterated that the company expects to hit that target this year. "I don't know exactly when, but that is in our game plan," West said.

Book transfer in Spain 728*90

West also said that the top end of Boeing's $3 billion to $5 billion free cash flow forecast was "a bit pressured," in part due to supply-chain problems at its ailing defense business. However, the company maintained that goal. West said that the current environment was "pretty good for price realization" and that Boeing would be "disciplined" in setting prices.


Order books at Boeing and its European rival Airbus have swelled as carriers rush to buy jets to tap into a resurgence in travel, increasing the planemakers' bargaining power. "We just keep on selling in the future," West said. Earlier this month, Ireland's Ryanair said it paid more per seat than in previous deals as it unveiled an order for as many as 300 Boeing jets. Supply chain snarls, however, remain on the watch list. "Some parts of the supply chain aren't quite "where they need to be," West said.

Endless Possibilities

Post a Comment

Previous Post Next Post

1 / 3
2 / 3
3 / 3
EN - 728x90