By slashing output 19 per cent — to 42 aeroplanes a month by mid-April — Boeing will be able to reduce its spending on the 737 and preserve cash. A short-term slowdown could help Spirit AeroSystems and CFM work out supplier issues of their own, he said. Though “if it lasts longer, it’s problematic.”Both CFM and Spirit AeroSystems were plagued by delays last year. ‘This staggered production approach allows us and our supply base to better prepare for and support 737 production,’ said CEO Tom Gentile. “We’ll continue to assess our production plan,” Boeing spokesman Chaz Bickers said.

Source: Ethiopian News April 06, 2019 13:30 UTC