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Boeing cuts 737 Max delivery forecast as production issues dent third-quarter results

Boeing has announced that it will deliver fewer 737 Max aircraft than previously expected this year due to production flaws on the fuselages. The company now estimates handing over between 375 and 400 planes, down from the previous estimate of 400 to 450. Despite the production issues, Boeing maintained its expectations for 2023 free cash flow. The problems with the 737 Max stem from misdrilled holes in the fuselages, which are produced by Spirit AeroSystems. Boeing plans to increase output of the 737 to 38 planes per month by the end of the year and transition to Dreamliner production.

The post Boeing cuts 737 Max Delivery Forecast as Production Issues Dent third-quarter results appeared first on Balanced News Summary.



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