What Happened
Wing Supply Bottleneck Continues to Impact Production Ramp-Up
Boeing is facing challenges in increasing its 737 Max production rate, with wing supply remaining the pacing item. The company had previously expected to stabilize production at 47 jets per month, but now expects to take longer to achieve this goal. As a result, Boeing will fall short of its full-year goal of delivering 500 Max aircraft. The production issues are also affecting the company’s financial performance, with Boeing’s commercial unit generating 3% less revenue in the third quarter compared to last year. This news was first reported by Leeham News.