Boeing's lower MAX production will slow planemaker's recovery, CEO says
Calhoun, who will step down as CEO around the end of the year, acknowledged Boeing was "in a tough moment" in the near term but reiterated that the company was deliberately slowing the system to improve quality and safety. Boeing is, however, seeing early signs of more "predictable, stable and efficient cycle times in (its) 737 factory," and expects this will continue to slowly improve, Calhoun said. While he did not specify current production levels, Reuters reported earlier this month that output of its cash-cow 737 MAX had fallen sharply amid a step up in factory checks by U.S. regulators.
