Boeing Plans To Boost 737 MAX Production Rates Sooner: Report

Boeing Co BA reportedly expects to ramp up the production of its 737 MAX above the current rate of 31 jets per month soon.
The head of Boeing’s commercial airplanes business, Stan Deal said the aircraft maker is also in the process of final submissions for Federal Aviation Administration certification for its new 737 MAX 7 model, reported Reuters.
"We've got a handful - less than a handful - left to go to the FAA," said Stan Deal.
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"We're working a few issues around those submittals. I want them to be perfect, I want the FAA to feel comfortable, and then give them the time to go review."
Boeing plans to increase MAX production to 50 planes per month by 2026 end.
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Price Action: BA shares are trading higher by 0.11% at $211.27 in premarket on the last check Friday.
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