Boeing CEO says company met requirements to increase 737 Max production to 47 jets per month
Boeing CEO Kelly Ortberg announced that the company has met FAA requirements to increase 737 Max production to 47 jets per month. Currently, Boeing is producing 42 jets per month and expects to stabilize at the new rate in the coming months. Ortberg expressed confidence in reaching higher production rates in the future, although he acknowledged challenges ahead.
- ▪Boeing has met FAA requirements to increase 737 Max production to 47 jets per month.
- ▪The current production rate is 42 jets per month, with plans to stabilize at 47 soon.
- ▪Boeing aims to eventually reach a production rate of 63 jets per month, but faces challenges in safety and quality processes.
Opening excerpt (first ~120 words) tap to expand
Boeing CEO Kelly Ortberg said Wednesday that the company has met requirements set by the Federal Aviation Administration to increase its production of 737 Max aircraft to 47 jets per month.The company is currently rolling out aircraft at a rate of 42 per month, Ortberg said at a Bernstein conference. "We've passed the capstone review for rate 47, so we are now in the process of running the line at the 47-a-month rate," Ortberg said. "It'll probably take us a few months of stabilization there. ... My guess is we continue to go up in rate.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at CNBC — Top.