Boeing CEO says expects to resume 737 MAX production before mid-2020

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Boeing CEO says expects to resume 737 MAX production before mid-2020

On Wednesday, the 22nd of January 2020, the newly appointed Boeing Co. Chief Executive, David Calhoun who succeeded Muilenburg later last month and took the office on January 13th, said to the reporters that the Illinois planemaker had been expecting a resumption of 737 MAX production before mid-year adding the world’s No.

1 aircraft carrier maker had not yet planned to slash or suspend dividends after scoring only 54 deliveries last year, the US-planemaker’s lowest delivery figure in decades and more than 90 per cent down on an annualized basis.

On top of that, as the US-based planemaker had been on the verge of losing its aviation industry crown to the European rival, Leiden, Netherlands-based Airbus SE, Calhoun’s Wednesday’s (January 22nd) remarks came as the first positive sign from the newly appointed Chief Executive who said earlier on January that there had not been any exact timetable to return 737 MAX back in to commercial services.

Besides, amid a growing whisper in the aviation which had been getting louder in line with an extension of 737 MAX’s grounding alongside production line halt that the US planemaker should rebrand its 737 MAX, adding that the company had no plans to scrap its MAX, Calhoun said on Wednesday (January 22nd), “I am all in on it and the company is all in on it. ”