Boeing faces Q1 delivery slowdown after discovering 737 Max wiring issues
Boeing shares dropped on Tuesday following the company’s announcement that it will delay some 737 Max deliveries this month after discovering scratches on wiring within the planes.
According to the plane maker, fixing the issues could take a matter of days for each plane. This could impact March and Q1 delivery figures, but Boeing doesn’t expect yearly totals to be affected.
Boeing is still producing an average of 42 737 Max planes per month, The Seattle Times reported. The FAA raised Boeing’s 737 production cap late last year.
Boeing delivered 51 commercial planes in February, its highest total for the month since 2018. The figure far exceeded the 35 deliveries for Airbus, the company’s European rival.
Boeing is still producing an average of 42 737 Max planes per month, The Seattle Times reported. The FAA raised Boeing’s 737 production cap late last year.
Boeing delivered 51 commercial planes in February, its highest total for the month since 2018. The figure far exceeded the 35 deliveries for Airbus, the company’s European rival.
