How Boeing's latest crisis could affect your summer travel plans

The CEO of Boeing surprised lawmakers this week when he told them his company has not taken any new orders in two months.The airplane maker is also struggling to fill current orders. That puts more pressure on Boeing and its customers, including Dallas-based Southwest Airlines . Boeing has updated its production timeline, now targeting delivery of 42 planes per month by September instead of two.Still, experts say the delivery delays could affect the summer travel schedule.

For all we know, next month they're going to get a block of orders for 100 aircraft from a different airline or a different carrier," he said.The increased scrutiny on Boeing came after a door plug blew out of an Alaska Airlines Boeing 737 jet in mid-air. No one was hurt.Calhoun said Boeing is taking steps to be more proactive."Transparency is really important if Boeing wants to have a continued future," McCallum said.This week, Boeing updated its supply schedule.

Source: News Formal (newsformal.com)

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