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The
company said Tuesday that plane-building resumed at its plant in
Renton, Washington, after going through a process of training
workers and identifying and fixing potential problems.
Boeing shares rose 4.5%, their best single-day percentage gain
in nearly four months.
Production and deliveries of Max jets and another airline plane,
the 787 Dreamliner, have been stopped several times in recent
years to fix manufacturing flaws.
“Our team has worked methodically to restart factory operations
in the Pacific Northwest. We have now resumed 737 production in
our Renton factory, with our Everett (Washington) programs on
plan to follow in the days ahead," the company said in a
statement.
Boeing builds its 777 and 767 jets in Everett, north of Seattle.
Separately, the company said it took orders for 49 planes in
November but lost an order by U.K. carrier TUI for 14 Max jets.
It delivered 13 planes, down from 56 a year earlier.
Ever since a panel called a door plug blew off a Max operated by
Alaska Airlines in January, the Federal Aviation Administration
has capped Boeing’s production of Max jets to 38 per month.
Boeing hopes to convince regulators that it has corrected
quality and safety issues and can raise that number to 56 planes
per month.
Boeing has been losing money since 2019, after two Max jets
crashed, killing 346 people. It needs the cash it earns from
delivering new planes to begin digging out of a deep financial
hole.
New CEO Kelly Ortberg has announced plans to lay off about
17,000 workers and sell new stock to raise cash and prevent the
company’s credit rating from sliding into junk status.
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