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new Boeing supplier schedule communicated to the industry calls
for 737 output to reach 42 a month in September, compared with a
previous target of reaching that output in June, the sources
said. Boeing was not immediately available for comment.
Boeing's jet production has slowed sharply in the face of
increased scrutiny from regulators, airlines and lawmakers
following a January incident when a door plug blew off an Alaska
Airlines jetliner while in mid-air.
Boeing's supplier master schedule lays out expectations for when
suppliers should be at a given production rate. Analysts say it
does not necessarily reflect actual production which has been
lagging due to a mixture of regulatory scrutiny and supply
constraints.
However, Boeing’s decision to push back the target is an
indication that it believes supply pressures are not easing.
Rival Airbus, the worlds largest planemaker, is also bracing for
inceeased near-term disruption amid shortages of parts and
labor, Reuters reported last month.
The new supplier schedule calls for output to reach 47 a month
in March 2025, compared with January of that same year. Output
would reach 52 a month in September 2025, compared with June.
Boeing shares fell 2.2% in Friday trading.
The company last month said it would burn rather than generate
cash in 2024 and deliveries will not increase in the second
quarter as originally expected.
(Reporting By Allison Lampert in Montreal and Tim Hepher in
Paris)
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