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Exclusive: Boeing, grappling with uneven 737 supply chain, targets 52 per month in February - sources


Added 08-22-19 06:03:02pm EST - “Boeing Co has told suppliers it will resume production of its best-selling 737 j...” - Reuters.com

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Posted By TheNewsCommenter: From Reuters.com: “Exclusive: Boeing, grappling with uneven 737 supply chain, targets...”. Below is an excerpt from the article.

SEATTLE (Reuters) - Boeing Co (BA.N) has told suppliers it will resume production of its best-selling 737 jets at a rate of 52 aircraft per month in February 2020, then stepping up to a record 57 jets monthly in June, three people familiar with the matter told Reuters.

Boeing told more than 100 suppliers during at least one Web meeting July 30 that the new schedule depended upon regulators approving the 737 MAX to fly again commercially in the fourth quarter, one of the people said.

Shares of Boeing, the largest U.S. exporter with about 145,000 employees, were up 4.5 percent at $355.18.

Boeing mainly builds the latest version of its cash-cow single-aisle family at its Seattle-area factory, but also builds a small number of earlier or military variants of the 737.

One of the people expressed skepticism over the timing given the intense scrutiny from regulators that grounded the 737 MAX after deadly crashes killed nearly 350 people in Ethiopia and Indonesia in the span of five months.

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