Aircraft
Boeing Upbeat on 737 Supply Chain Recovery
CEO Muilenburg sees engine supply returning to normal by year-end

Boeing continues to see “positive signs” emanating from its 737 supply chain, following an encouraging month of September in which it delivered 61 of the narrowbodies. Speaking Wednesday during the company’s third-quarter earnings call with investment analysts, Boeing CEO Dennis Muilenburg sounded upbeat on the performance of the 737’s suppliers in recovering from a miserable summer, as scores of airframes collected outside its plant in Renton, Washington, awaiting completion. Planning to continue to exceed its benchmark delivery rate of 52 per month in the fourth quarter, Boeing still expects to meet its guidance for the year as it prepares to increase its rate to 57 per month in 2019.