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Boeing CEO Kelly Ortberg stated on Tuesday that the company will delay its target of producing 47 737 aircraft per month
Boeing CEO Kelly Ortberg stated on Tuesday that the company will delay its target of producing 47 737 aircraft per month until early 2027, a significant setback for its ongoing recovery. The company had originally planned to reach this goal by this summer but was delayed due to insufficient wing production speed. Additionally, Boeing reported an adjusted loss of 34 cents per share in the third quarter, exceeding market expectations of 21 cents. Following this news, Boeing's stock price fell by 2.5% in pre-market trading.
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