financetom
Business
financetom
/
Business
/
FAA administrator says Boeing still not producing MAX planes after strike
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
FAA administrator says Boeing still not producing MAX planes after strike
Dec 5, 2024 1:29 PM

CHICAGO (Reuters) - The head of the Federal Aviation Administration said on Thursday that Boeing ( BA ) has not yet resumed producing 737 MAX airplanes following a machinists strike, but plans to begin later this month.

FAA Administrator Mike Whitaker this week met with Boeing ( BA ) CEO Kelly Ortberg and toured Boeing's ( BA ) 737 plant in Renton, Washington, as it boosts oversight following the strike, which ended Nov. 4.

Whitaker said Boeing's ( BA ) plan is to slowly restart production later this month and he plans another trip to Seattle in January as the company ramps up.

"The thing that I was most struck by was we're four weeks post-strike and they're still not producing airplanes, because they're focused on their workforce, the training, making sure they have the supply chain sorted out," Whitaker told Reuters in an interview.

Boeing ( BA ) did not immediately comment.

Whitaker capped production at 38 737 MAX planes per month in January after a door panel missing four key bolts flew off an Alaska Airlines 737 MAX 9 in midair that month, exposing serious safety issues at Boeing ( BA ). He declined to say when he thought the FAA would restore Boeing's ( BA ) ability to produce more than 38 planes per months, but said he would be surprised if it was less than "multiple months" before they get close to the 38 maximum.

Whitaker said he expected to receive a proposed 737 MAX engine deicing as soon as later this month that has been holding up certification of the MAX 7. "We have done everything we can our side awaiting that solution on the deicing" Whitaker said. "That solution has to go into the current production line and then has to be part of the certification (application)."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
CBIZ Q3 Adjusted Earnings, Revenue Rise
CBIZ Q3 Adjusted Earnings, Revenue Rise
Nov 3, 2024
07:27 AM EDT, 10/29/2024 (MT Newswires) -- CBIZ ( CBZ ) reported Q3 adjusted earnings Tuesday of $0.84 per share, up from $0.66 a year earlier. Three analysts polled by Capital IQ expected $0.76. Revenue for the quarter ended Sept. 30 was $438.9 million, up from $410.5 million a year earlier. Two analysts polled by Capital IQ expected $441.7 million....
American Tower Swings to Q3 Loss
American Tower Swings to Q3 Loss
Nov 3, 2024
07:27 AM EDT, 10/29/2024 (MT Newswires) -- American Tower ( AMT ) reported a Q3 loss Tuesday of $1.69 per diluted share, swinging from net income of $1.26 a year earlier. Analysts polled by Capital IQ expected a profit of $1.58. Revenue for the quarter ended Sept. 30 was $2.52 billion marginally higher compared with a year earlier. Analysts surveyed...
First Atlantic Nickel Confirms Visible Awaruite Nickel at Super Gulp Target in Newfoundland
First Atlantic Nickel Confirms Visible Awaruite Nickel at Super Gulp Target in Newfoundland
Nov 3, 2024
07:29 AM EDT, 10/29/2024 (MT Newswires) -- First Atlantic Nickel ( FANCF ) said Tuesday that initial drilling on its Atlantic nickel project in Newfoundland confirmed visible awaruite nickel at the Super Gulp target. The Super Gulp discovery, located 16 kilometers south of historical drilling at Atlantic Lake, confirms the project's significant scale potential, the company said. First Atlantic said...
Collective Mining Received Exercise Notice On Participation Rights from Strategic Investor
Collective Mining Received Exercise Notice On Participation Rights from Strategic Investor
Nov 3, 2024
07:26 AM EDT, 10/29/2024 (MT Newswires) -- Collective Mining Ltd. ( CNL ) said Tuesday that, further to its prior announced C$35 million bought deal public offering of common shares on behalf of a syndicate of underwriters, its strategic investor with participation rights in equity financings of the corporation has exercised such participation rights in connection with the public offering....
Copyright 2023-2026 - www.financetom.com All Rights Reserved