December 24, 2024 05:20 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
India refrains from commenting on extradition request for ousted Bengladeshi PM Sheikh Hasina | I don't blame Allu Arjun, ready to withdraw case: Pushpa 2 stampede victim's husband | Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people | Kuwait PM personally sees off Modi at airport as Indian premier concludes two-day trip | Three pro-Khalistani terrorists, who attacked a police outpost in Gurdaspur, killed in an encounter | Who is Sriram Krishnan, an Indian-American picked by Donald Trump as US AI policy advisor? | Mohali building collapse: Death toll rises to 2, many feared trapped for 17 hours | 4-year-old killed after speeding car driven by a teen hits him in Mumbai | PM Modi attends opening ceremony of Arabian Gulf Cup in Kuwait
737 MAX is critical to Boeing’s revival, with around 4,200 pending orders. (Photo courtesy: Unsplash)

Boeing resumes 737 MAX production after strike, targets recovery amid challenges

| @indiablooms | Dec 10, 2024, at 09:57 pm

Boeing has restarted production of its 737 MAX jetliner, its top-selling aircraft, after a seven-week strike by 33,000 factory workers, Reuters reported, citing sources familiar with the matter.

The production line began moving again last Friday, marking a significant step for the debt-laden planemaker as it works toward recovery.

The 737 MAX is critical to Boeing’s revival, with around 4,200 pending orders from airlines eager to meet surging global air travel demand.

However, the production restart, which had not been publicly disclosed, follows a series of challenges that have slowed the company’s plans to scale up production to a target of 56 airplanes per month.

Last week, Federal Aviation Administration (FAA) Chief Mike Whitaker told Reuters that Boeing had not yet resumed 737 MAX production but planned to do so later this month.

He also refrained from providing a timeline for when the company might surpass the current rate of 38 planes per month, citing ongoing safety reviews and regulatory processes.

"I would be surprised if it was less than multiple months before they get close to 38," Whitaker was quoted as saying by Reuters.

Boeing’s ambitions have been hampered by setbacks including two fatal crashes, the COVID-19 pandemic, supply chain disruptions, production safety concerns, increased regulatory scrutiny, and the recent labour strike.

Analysts at Jefferies project Boeing will produce an average of 29 737 MAX jets per month in 2025, significantly below its target.

These estimates, shared in a client note on Sunday, reflect the ongoing hurdles Boeing faces in ramping up production.

The planemaker has declined to comment on the production restart or its future timelines, maintaining its focus on resolving the challenges that have slowed its recovery.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.