Boeing Reportedly Weighs 737 MAX Production Hike
Boeing (NYSE: BA) is reportedly planning a dramatic increase in 737 MAX production rates in 2022, a positive step that would lift free cash flow for both the aerospace giant and its sprawling supply chain.
Boeing had originally hoped to be making more than 50 737 MAX planes per month by now, but those plans were thrown into disarray by the grounding of the plane in March 2019 after a pair of fatal accidents. The grounding was lifted last fall, but Boeing has been slowly working through an inventory of planes built but not delivered during the downtime.
Image source: Boeing.
Source Fool.com
