06:55 AM EDT, 06/17/2024 (MT Newswires) -- Boeing ( BA ) has reportedly informed its suppliers of a three-month delay in reaching a key production milestone for its 737 jets, Reuters reported, citing two industry sources.

According to the sources, the revised schedule now targets a production rate of 42 jets per month by September instead of June. Boeing ( BA ) expects a gradual increase in output, aiming for 47 jets per month by March 2025 and 52 jets per month by September 2025.

Boeing's ( BA ) decision to delay the production milestone suggests ongoing supply chain constraints, the report said.

Boeing ( BA ) did not immediately respond to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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