Home Business News Companies Boeing to cut the production of 737 Max

Boeing to cut the production of 737 Max

- Advertisement -

Boeing has announced its plans to reduce the production of Boeing 737 Max or stop its production following its events.

In the first quarter of the month, the troubled company saw a drop in revenue by 3.4 billion dollars caused by the grounding of 737 Max.

Also read: Ethiopian Airlines heading to Nairobi involved in an accident

- Advertisement -

Speaking on Wednesday during an investor meeting, Boeing boss Dennis Muilenburg said that is confident that the troubled series will be back on air come October this year.

He continued by saying that they will continue to watch the finances from 737Max before accessing their production plans.

At any time will the estimates show a worrying trend, CEO Dennis has promised to cut its production or worse to stop its production.

Also read: Ethiopian Airline crash:No survivors found

In March this year, Boeing 737Max was grounded following the world’s deadliest airline accident on Ethiopian Airlines.

Being the second accident using the 737Max, safety calls were called upon as investigations began to determine the root cause.

A preliminary report from the Ethiopian Airline accident revealed that the pilots reported a nosedive with efforts to take the airline up being unsuccessful.

Also read: Ethiopian Airline crash:fresh details emerge

Boeing has since been working on the Anti-stall flight control software, an update of the one installed in its previous productions.

As investigations continue, Boeing is optimistic about rising from the losses to make a better brand and get the profits to come in.

Slavian Mwangecho
Passionate blogger on a day to day activities happening in Kenya, Africa and around the world. A keen follower of the latest news making headlines around the world

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Kenyan plane crashes at Dhobley airstrip in Somalia

A Kenyan plane crash landed in Dhobley airstrip in Somalia on Monday as it attempted to take off to Nairobi.

Senate adjourns motion on proposed revenue sharing

The Senate of Kenya has for the 7th time adjourned the motion on the proposed revenue sharing formula.Approving...

Kenya coronavirus cases rise by 605, deaths by 6

Kenya has on Tuesday confirmed 605 new coronavirus rising the confirmed number of cases to 23,202.The new cases...

Kimilili MP Didmus Barasa charged at Kajiado Law Courts

Kimilili Member of Parliament (MP) charged at Kajiado Law Courts for obtaining Ksh 450,000 from one John Irungu.According...