Boeing CEO expects to resume 737 MAX production before mid-year

  23 January 2020    Read: 971
Boeing CEO expects to resume 737 MAX production before mid-year

Boeing Chief Executive Dave Calhoun told reporters on Wednesday the U.S. planemaker expects to resume 737 MAX production months before its forecasted mid-year return to service and said it did not plan to suspend or cut its dividend, Reuters report. 

The company announced a production halt in December, when the global grounding of the fast-selling 737 MAX following two deadly crashes in five months looked set to last into mid-2020 - a timeline pushed back after Boeing endorsed new simulator training for pilots.

Calhoun said the company is not considering scrapping the MAX and expects it will continue to fly for a generation. “I am all in on it and the company is all in on it,” Calhoun said, adding Boeing will not launch a marketing campaign to get customers to get back on 737 MAX planes.

The company said on Tuesday it now expects regulators to approve the plane’s return to service in the middle of the year. Calhoun said he did not see recent issues raised about wiring or software as “serious problems.”


More about: #BoeingMAX737