Boeing Profit at Stake as Rainmaker 737 Max Takes to Skies

  • Jetliner makes maiden flight Friday before 2017 market debut
  • Company attempts to cut into sales lead held by Airbus A320neo

Boeing Co. Max 737 's first flight in Redmond, Wash. on Jan. 29, 2016.

Photographer: Mike Kane/Bloomberg
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Boeing Co.’s newest 737 jetliner gunned its engines and headed into rain-streaked skies Friday, with profit and pride riding on its wings.

The aerospace company’s fortunes depend on a smooth market debut for the 737 Max next year with initial customer Southwest Airlines Co. The maiden flight took place days ahead of schedule, a contrast to Boeing’s delay-plagued 787 Dreamliner.