Boeing to stabilize 737 production later this year, exec says

Aerospace giant Boeing is planning to stabilize production of 737 airliners during the second half of this year at a rate of 38 per month after the manufacturer slowed its production line in the wake of the midair cabin blowout on a 737 Max 9. Chief Financial Officer Brian West said lower aircraft delivery volumes, customer considerations paid to airlines because of the Max 9 grounding and Boeing’s need to hold additional inventory from its supply chain will all contribute to the company’s cash usage in the ...