Boeing to Resume 737 MAX Jetliner Production
28 May 2020 - 8:04AM
Dow Jones News
By Kimberly Chin
Boeing Co. said Wednesday that it has resumed production of its
737 MAX jetliner at its Renton, Wash., factory.
The company will begin production "at a low rate" as it focuses
on workplace safety and product quality.
"The steps we've taken in the factory will help drive our goal
of 100 percent quality for our customers while supporting our
ongoing commitment to workplace safety," said Scott Stocker, vice
president of 737 MAX manufacturing, in prepared remarks.
Boeing halted 737 MAX assembly in January as it awaited
regulatory clearance for the plane to fly again following two fatal
crashes, which it hopes to secure in the third quarter.
Shares of the aerospace giant rose 4.4% in after-hours trading
to $156.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
May 27, 2020 17:49 ET (21:49 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
Boeing (NYSE:BA)
Historical Stock Chart
From Apr 2024 to May 2024
Boeing (NYSE:BA)
Historical Stock Chart
From May 2023 to May 2024