Tag

737 Production

All articles tagged with #737 production

aerospaceaviation1 year ago

"Boeing Encourages Open Communication and Stabilizes 737 Production Amid MAX Crisis"

Boeing plans to stabilize 737 production at a rate of 38 per month in the second half of the year after addressing quality issues that led to periodic line pauses. The company's CFO, Brian West, mentioned lower delivery volumes, customer considerations, and the need to hold additional inventory as factors affecting cash usage in the first quarter. The FAA will have discretion over approving future production rate increases, and Boeing's suppliers are gearing up to increase production to support the 737 production target.

businessaviation1 year ago

"Boeing Plans to Stabilize 737 Production Amid Stock Decline and Inflation Concerns"

Boeing's CFO announced a reduction in the production rate of 737 jets to 38 aircraft per month for the second half of 2024, citing a focus on quality following a mid-air incident and federal investigations. The company's stock dipped as investors reacted to the news, despite the CFO expressing confidence in hitting annual cash flow targets in the 2025-2026 timeframe.