about 2 months ago
CNBC Sep 16, 2026

Boeing CEO: 737 Max production taking ‘a little bit longer’ to stabilize than expected

Boeing CEO Kelly Ortberg revealed that the production of the 737 Max aircraft is taking longer to stabilize than initially anticipated. The delay is primarily due to challenges with wing manufacturing at Boeing's Renton, Washington facility. Although this bottleneck is slowing the current pace, Boeing has outlined plans to resolve the issue and expects to boost production output next year.

Currently, Boeing is manufacturing approximately 47 units of the 737 Max per month, a figure that reflects ongoing efforts to recover from previous safety and quality troubles that tarnished the aircraft’s reputation. As Boeing's best-selling model, the 737 Max plays a crucial role in the company’s strategy to regain market trust and improve financial performance following a tumultuous period for the aviation giant.

Ortberg also updated investors during a Morgan Stanley industry conference, noting that certification for the 737 Max 10—the largest variant in the Max series—is expected imminently. Despite being significantly delayed, this model is seen as a key growth driver. However, Ortberg did not provide any indication that Boeing anticipates new aircraft orders from China in the near term, even as diplomatic engagements between President Donald Trump and Chinese leader Xi Jinping approach.

Following the CEO’s remarks, Boeing’s stock dropped more than 5% during afternoon trading. The comments underscore continuing production challenges even as demand for the 737 Max remains strong. Boeing’s focus remains on resolving manufacturing constraints and advancing certification milestones to support its long-term recovery and competitive position within the commercial aviation market.

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