Boeing says delays on 737 MAX grounding could force it to halt production

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Significant regulatory delays on 737 MAX grounding could force Boeing to halt production: letter

FILE PHOTO: A Boeing 737 MAX sits outside the hangar during a media tour of the Boeing 737 MAX at the Boeing plant in Renton, Washington December 8, 2015. REUTERS/Matt Mills McKnight

Boeing said it does not expect 737 MAX order cancellations due to the grounding of its best-selling single-aisle jet to have a material impact on revenues or earnings. It cited the size of 737 order backlog and management’s ability to mitigate potential impacts by shifting planned customer delivery dates, in the letter to the U.S. Securities and Exchange Commission dated Oct. 18.

Boeing’s letter was a response to requests from the SEC to clarify its comments in earlier financial filings on the 737 MAX grounding related to revenue and production.

 

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bouroux The best solution is to bury it

jonostrower Isnt this old news though? The source is a letter written in mid October! What is the word out of the meetings this week in Seattle?

If FAA falters and allows the 737 MAX on our skies, there could be an unprecedented rise in jet nosedives.

shit....

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