http://admin.travelmole.com/images/stories/2009/images/Boeing_737_MAX(6).jpg

Published on Thursday, July 25, 2019

Boeing considers shutting down 737 Max production






 


Boeing is seriously considering suspending production of the 737 Max if it isn't cleared to fly again soon.


As the aircraft manufacturer revealed it had made a second quarter loss of nearly $3 billion, down 35% year on year, CEO Dennis Muilenburg said a temporary shutdown of Max production was on the cards.
"Should our estimate of the anticipated return to service change, we might need to consider possible further rate reductions or other options," he said.


The 737 Max has been grounded since March after two crashes in less than six months killed 346 people.
Muilenburg said the company is still producing up to 42 Max jets a month, down from 52 a month prior to the two crashes, but these are lying idle and cannot be delivered until the plane is cleared to fly again.


As a result, it is considering a 'temporary shutdown of the Max production', added Muilenburg.


Boeing reckons the Max could be cleared to fly by the end of the year, but there are serious doubts among air safety bodies that this will be achieved.


Boeing says any production halt would be a temporary measure and has no plans to ditch the Max for good.


Boeing announced last week that it would take a $4.9 billion net charge related to the Max grounding.
As investigations into the two crashes continue, Boeing has been working on fixes for its Mcas anti-stall flight control software, as well as other issues identified by regulators, including the US Federal Aviation Administration.

Story Image



Your Comments

, be the first to post a comment.
Your email:






Email other comments made to this story


NOTE: Comments are subject to admin approval before being posted.
Mole Poll
Will 5-day quarantine with test boost travel?- Yes/still too long/too expensive/ vaccine only??
Yes 24.14 %
Too Long 24.14 %
Expense 34.48 %
Vaccine 17.24 %

Thank you for your vote



What is GoodtoGo?

Submit your news
or special offer


Current UK Special Edition



Current US Special Edition



Current Asia/Pacific Special Edition



LATEST 'MOLE VIDEOS

Central Florida's natural theme parks ideal for post-covid. Graham McKenzie finds out more

Visit Florida is all set for 2021 comeback - Graham McKenzie talks to head of VF Dana Young

Italy will be going back to basics in the post covid world

Sri Lanka - will it be the success of the post Covid world

South Africa and South Australia battle it out to be the best 'SA'
Enter the giveaway here!

UPCOMING EVENTS
\m