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Boeing Rolls the Dice on China for Expanded 737 Max Output

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Boeing can also be “evaluating the timing of additional price will increase.” That’s barely extra optimistic and definitive language than what Boeing used within the second quarter when it mentioned “the corporate will proceed to evaluate the manufacturing price plan because it displays the market setting and engages in buyer discussions,” with “additional gradual will increase” anticipated to correspond with market demand. Boeing Chief Government Officer David Calhoun had beforehand mentioned a scarcity of measurable progress on China recertification by the top of this yr would pressure the corporate to “take into account actual actions with respect to what the longer term price ramp seems like” for Max manufacturing. On a name with buyers Wednesday, he expressed optimism that China approval would nonetheless come earlier than the top of the yr, with deliveries then resuming to start with of 2022. However Calhoun additionally appeared prepared to increase his persistence, telling CNBC that if China nonetheless hadn’t signed off on the Max by the center of subsequent yr, that’s the purpose the place the corporate would reevaluate. “We wouldn’t minimize charges, however we might not enhance charges on the tempo we might in any other case,” Calhoun mentioned. “I believe we’ve got loads of time.”

https://www.washingtonpost.com/enterprise/boeing-rolls-the-dice-on-china-for-expanded-737-max-output/2021/10/27/a2166f26-374b-11ec-9662-399cfa75efee_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_business | Boeing Rolls the Cube on China for Expanded 737 Max Output

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