Boeing may cut production of the grounded 737 Max jet or temporarily stop making it after being told that its timetable for a return to the skies was not realistic, according to a published report Sunday.
The Wall Street Journal reported that Boeing’s board would consider the moves at a meeting that began Sunday and would run into Monday. The newspaper, citing people it did not identify, said management is increasingly seeing production cuts as a viable option.
“We will continue to assess production decisions based on the timing and conditions of return to service, which will be based on regulatory approvals,” the statement said.after a senior FAA official told legislators that Boeing is pushing for an unrealistically quick return of the Max and that there is a perception the company is pressuring the regulator.
The grounding of the Max is costing Boeing and airlines billions. Boeing has been eager to signal that the plane could soon fly again. Recently, the company said it expected the FAA to permit shipments of new Max jets in December and approval of a pilot-training program for airlines in January.
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