Boeing Slides After Cutting 737 Delivery Goal on Supply Woes
- Planemaker now sees handing over 375 of the aircraft this year
- Warns it may drop Max-7, -10 if certification not won: filing
A Boeing 737 after a test flight in Seattle, Washington.
Photographer: Chona Kasinger/BloombergThis article is for subscribers only.
Boeing Co. fell the most in four months after the planemaker pared its annual forecast for deliveries of its 737 narrowbody jets and disclosed that it may discontinue the smallest and largest “Max” versions of the workhorse aircraft.
In a securities filing, Boeing said it could choose to cancel the 737 Max-7 and -10 variants if a looming deadline for government safety approvals is not extended and “we otherwise fail to achieve certification.” That echoed comments earlier this year by Chief Executive Officer Dave Calhoun.