Boeing CEO: 737 Max production taking 'a little bit longer' to stabilize than expected

Boeing CEO Kelly Ortberg said wing production at its Renton, Washington, factory is a hold up, adding the company has plans to address it.

Boeing CEO: 737 Max production taking 'a little bit longer' to stabilize than expected

TL;DR

  • Boeing's 737 Max production stabilization is taking longer than anticipated.
  • Wing production at the Renton, Washington factory is identified as a current constraint.
  • Boeing plans to address the wing production bottleneck.
  • The company expects to increase 737 Max output next year.
  • Boeing is currently producing about 47 737 Max aircraft per month.
  • Certification for the 737 Max 10 model is expected "very soon."
  • Boeing did not anticipate aircraft orders from China during President Trump's meeting with Chinese leader Xi Jinping.