PPA - Boeing Faces Production Slowdown Amid Regulatory Scrutiny Prompts Industry Ripples and Investor Concerns | Benzinga
Production of Boeing Company’s (NYSE:BA) 737 MAX jetliners has reportedly declined significantly in recent weeks due to increased factory inspections by U.S. regulators and a slowdown on the assembly line near Seattle as workers focus on completing remaining tasks.
Following a blowout incident on a 737 MAX in January attributed to an assembly error, the FAA has implemented a production limit of 38 jets per month, Reuters reported, citing industry sources.
However, the monthly production rate ...