FAA Administrator States No Specific Talks With Boeing On Increasing 737 MAX Production Above Current 38 Planes Per Month Cap
Portfolio Pulse from Benzinga Newsdesk
The FAA Administrator has stated that there are no specific talks with Boeing regarding increasing the production of the 737 MAX above the current cap of 38 planes per month, as reported by Reuters citing a Senate hearing.

June 13, 2024 | 2:34 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
The FAA Administrator has confirmed that there are no specific discussions with Boeing to increase the production rate of the 737 MAX beyond the current limit of 38 planes per month.
The news indicates that there will be no immediate increase in the production rate of the 737 MAX, which could imply stability in Boeing's current production plans. This is neutral news as it does not suggest any immediate positive or negative changes in Boeing's production output.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100