Proud For Profits
  • Investing
  • Stock
  • Latest News
  • Economy
  • Investing
  • Stock
  • Latest News
  • Economy
No Result
View All Result
Proud For Profits
No Result
View All Result
Home Stock

Boeing restarts 737 MAX production after strike ends- Reuters

by
December 10, 2024
in Stock
0
Boeing restarts 737 MAX production after strike ends- Reuters

Investing.com– Boeing (NYSE:BA) has resumed production of its 737 MAX jetliner, its best-selling aircraft, more than a month after the conclusion of a seven-week strike that disrupted operations, Reuters reported on Tuesday.

Production restarted last Friday, marking a critical step for the heavily indebted aerospace giant as it works to meet a backlog of approximately 4,200 orders for the 737 MAX amid rising global air travel demand, the report said.

The restart comes after a series of challenges that have plagued Boeing in recent years, including two fatal crashes, the COVID-19 pandemic, supply chain disruptions, and heightened regulatory scrutiny.

In January, the Federal Aviation Administration (FAA) capped 737 MAX production at 38 planes per month after a door panel missing four key bolts detached mid-flight on an Alaska Airlines jet, highlighting ongoing safety concerns.

The FAA had previously indicated the company was aiming to resume production later this month. Boeing plans to scale up production to 56 planes per month remain uncertain, the report stated.

FAA Administrator Mike Whitaker told Reuters last week that the cap on production levels would likely remain for several months before any changes are considered.

The resumption of production is a vital step for Boeing’s recovery, but challenges remain as it strives to regain operational stability and confidence in its manufacturing processes.

This post appeared first on investing.com
Previous Post

Exclusive-Boeing restarts 737 MAX production a month after strike ended, sources say

Next Post

AllianceBernstein to sue Switzerland over $17 billion Credit Suisse debt wipeout, FT reports

Next Post
AllianceBernstein to sue Switzerland over $17 billion Credit Suisse debt wipeout, FT reports

AllianceBernstein to sue Switzerland over $17 billion Credit Suisse debt wipeout, FT reports

Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Popular News

    Nearly all of DC shut down for Trump’s inauguration. So why was there no designated survivor?

    Nearly all of DC shut down for Trump’s inauguration. So why was there no designated survivor?

    January 22, 2025
    Trump’s FBI overhaul begins as Acting Director Brian Driscoll puts ‘untouchable’ feds on notice: former agent

    Trump’s FBI overhaul begins as Acting Director Brian Driscoll puts ‘untouchable’ feds on notice: former agent

    January 22, 2025
    5 Top Canadian Oil and Gas Dividend Stocks in 2025

    5 Top Canadian Oil and Gas Dividend Stocks in 2025

    January 22, 2025
    Track all markets on TradingView

    About Proud For Profits

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Main Categories

    • Investing
    • Stock
    • Latest News
    • Economy

    Latest News

    • Nearly all of DC shut down for Trump’s inauguration. So why was there no designated survivor?
    • Trump’s FBI overhaul begins as Acting Director Brian Driscoll puts ‘untouchable’ feds on notice: former agent
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 proudforprofits.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Latest News
    • Economy

    Copyright © 2025 proudforprofits.com | All Rights Reserved