Reuters first to report Boeing delays plans for record 737 production until 2021

Reuters broke the news that Boeing Co has delayed plans to reach a record production rate of 57 737 jets per month next year, even before the U.S. FAA announced a new delay in the 737 MAX’s return to service which raised uncertainty over production plans. The world’s largest planemaker has also delayed plans to step up from the current rate of 42 jets per month to 46 jets this year until March 2020, as the company struggles to win regulatory approvals for its best-selling jet after two deadly crashes.

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Type: Reuters Best
Sectors: Equities
Regions: Americas