Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • Asia Cup 2025
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • Nepal protests
  • Nepal Protests Live
  • Vice-presidential elections
  • iPhone 17
  • IND vs PAK cricket
  • Israel-Hamas war
fp-logo
Boeing suspends deliveries of fastest-selling Max 737 jets but continues production of aircraft
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
  • Home
  • World
  • Boeing suspends deliveries of fastest-selling Max 737 jets but continues production of aircraft

Boeing suspends deliveries of fastest-selling Max 737 jets but continues production of aircraft

Reuters • March 15, 2019, 07:44:35 IST
Whatsapp Facebook Twitter

Each month of the grounding could cost Boeing around $1.8 billion to $2.5 billion in delayed revenue, according to analyst estimates, although that could be recouped once the ban is lifted and the planes are delivered.

Advertisement
Subscribe Join Us
Add as a preferred source on Google
Prefer
Firstpost
On
Google
Boeing suspends deliveries of fastest-selling Max 737 jets but continues production of aircraft

Seattle: Boeing Co confirmed suspension of deliveries of 737 MAX aircraft on Thursday but continues to produce its single-aisle jets at full speed while dealing with the worldwide 737 MAX fleet’s grounding following a deadly Ethiopian Airlines crash. Reuters reported on Wednesday that deliveries were effectively halted as most airlines would avoid taking a jet banned from entering service in the wake of two crashes in five months. Most countries have stopped the 737 MAX 8 and 9 planes from flying after an Ethiopian Airlines crash on Sunday that killed all 157 people on board. In October, a Lion Air 737 jet that crashed in Indonesia, killing all 189 people on board, was the same type of relatively new Boeing model. Boeing said it had paused deliveries of its fastest-selling 737 MAX jetliner built at its factory near Seattle because of the temporary grounding order by the US Federal Aviation Administration (FAA), confirming a Reuters report from Wednesday.

“We continue to build 737 MAX airplanes while assessing how the situation, including potential capacity constraints, will impact our production system,” Boeing spokesman Chaz Bickers said. Boeing would maintain its production rate of 52 aircraft per month, and its newest version, the MAX, represents the lion’s share of production, although Boeing declined to break out exact numbers. Reuters has reported Boeing’s goal of speeding up production again in June.

Manufacturers avoid halting and then speeding up production as this disrupts supply chains and can cause industrial snags. But having to hold planes in storage consumes extra cash in increased inventory. [caption id=“attachment_6250551” align=“alignleft” width=“380”] ![Representational image. Reuters](https://images.firstpost.com/wp-content/uploads/2019/03/Boeingnew_380.jpg) Representational image. Reuters[/caption] Customers typically pay over the bulk of the money for a new jetliner on delivery. A pause in deliveries while keeping production rates unchanged at its Renton, Washington factory raises the prospect of a new logistical headache: What to do when airplanes start cluttering up the tarmac outside the factory? Industry sources said Boeing plans to make use of every inch of available space at Renton while exploring other options such as King County International Airport, unofficially called Boeing Field. It could also look at Grant County International Airport in central Washington where Boeing regularly tests aircraft. The FAA order allows for special flight permits for testing and other scenarios, so Boeing could use this provision to fly its planes off-site. The 737 MAX 8 and 9 planes will be grounded for weeks if not longer until a software upgrade can be tested and installed, US lawmakers said on Thursday as officials in France prepare to begin analysing the black boxes from the crashed jet. Each month of the grounding could cost Boeing around $1.8 billion to $2.5 billion in delayed revenue, according to analyst estimates, although that could be recouped once the ban is lifted and the planes are delivered. Boeing in January provided guidance it would report $109.5 billion to $111.5 billion of revenue in 2019. Boeing has already been working through supplier delays on engines from CFM International, a joint venture between General Electric Co and France’s Safran SA, and fuselages from Spirit AeroSystems Holdings Inc that led to dozens of planes being parked outside the Renton factory last summer. This week, at least three freshly built 737s were parked at or near the factory with yellow weights hanging in the place of engines, signs of lingering issues, according to a person with direct knowledge of the matter. “We are still a few weeks behind the requirement, but have a line of sight to be back on track in the second quarter of this year,” CFM spokeswoman Jamie Jewell said.

Tags
aircraft General Electric Co FAA Boeing 737 Max aircraft Ethiopian Airlines crash Lion Air 737 jet Safran SA Spirit AeroSystems Holdings Inc
End of Article
Latest News
Find us on YouTube
Subscribe
End of Article

Impact Shorts

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Khadga Prasad Sharma Oli remains caretaker PM amid chaos in Nepal. Protesters torched parliament, executive seat, Supreme Court, and presidential residence. President Paudel calls for dialogue as violence continues across the country.

More Impact Shorts

Top Stories

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Who is CP Radhakrishnan, India's next vice-president?

Who is CP Radhakrishnan, India's next vice-president?

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Who is CP Radhakrishnan, India's next vice-president?

Who is CP Radhakrishnan, India's next vice-president?

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Top Shows

Vantage Firstpost America Firstpost Africa First Sports

QUICK LINKS

  • Trump-Zelenskyy meeting
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV