Boeing Races Ahead With 737 Max Output as Financial Risk Deepens
- Grounding threatens plan to boost output of workhorse plane
- JPMorgan sees monthly loss of up to $2.7 billion for jetmaker
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Boeing Co. will soon learn whether the financial fallout from the global grounding of its best-selling jetliner will be a brief jolt -- or a much more painful ordeal that would have repercussions for suppliers and the U.S. economy.
Production of the 737 Max has continued at full tilt even though regulators grounded the single-aisle jet following a March 10 crash, the model’s second fatal accident in five months. Subcontractors have even begun to speed up the manufacturing pace for the 600,000 parts that go into each one of the single-aisle workhorses, Boeing’s largest source of profit.