Boeing chief executive Dave Calhoun told reporters on Wednesday the US planemaker expects to resume 737 MAX production “months” before its forecasted mid-year return to service.
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 well into 2020.
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.”
Boeing shares were down 1.5 percent on Wednesday.
Calhoun declined to provide a specific date for resumption of production, but said it “will be reinvigorated months before that moment in June because we have to get that line started up again.”
The CEO said the company “will slowly, steadily bring our production rate up a few months before that date in the middle of the year.”
The latest push back in the forecasted return to service is due to the company’s decision to endorse simulator training for pilots before they resume flights, Calhoun said. “We can get this thing back on its horse and we will,” he added.
Calhoun was a director at Boeing for a decade before taking over as CEO earlier this month. The board ousted Dennis Muilenburg in December amid rising anger by regulators, politicians and customers.
Boeing releases communications on 737 MAX, calls them ‘completely unacceptable’Boeing on Thursday released hundreds of internal messages that raise serious questions about its development of simulators and the 737 MAX that was ... Energy
Boeing 737 MAX crisis adviser Michael Luttig to retireBoeing Co said on Thursday Michael Luttig, who was appointed senior adviser to the planemaker’s board amid the 737 MAX crisis in May, will ... Financial Markets
Boeing unveils a new 737 MAX even as grounding drags onBoeing unveiled its latest version of the 737 MAX on Friday even as the aircraft remains grounded globally following two deadly crashes.Officials ... Economy
Lawsuit against Boeing seeks to hold board liable for 737 MAX problemsA shareholder lawsuit filed on Monday accused Boeing Co’s board of doing nothing to investigate the safety of the 737 MAX until the fast-selling ... Economy