Boeing May Deliver 737 Max Ahead of Target
February 03 2016 - 12:00PM
Dow Jones News
Boeing Co. will deliver the first 737 Max jetliner ahead of
schedule if testing goes smoothly, Chief Financial Officer Greg
Smith said Wednesday.
Mr. Smith said the single-aisle jet's development is "ahead of
schedule" and any decision on accelerated deliveries will depend on
its certification and flight-testing effort, which kicked off with
its maiden sortie Jan. 29.
Boeing currently plans to deliver the first 737 Max aircraft to
Southwest Airlines Co. in the third quarter of 2017.
"We have an opportunity to [deliver early]," said Mr. Smith at
an investor event. "I'd say it's a little early to raise the
victory flag at this point on deliveries, but we are focused on
that and if we can do it and our customers can accommodate it, we
will."
Southwest Chief Operating Officer Mike Van de Ven said the
airline has "not had discussions with Boeing about an adjusted
timeline" for its first 737 Max delivery. "We will be ready when
the aircraft is delivered," he said.
The Wall Street Journal reported Tuesday that Boeing has been
discussing an advanced delivery timeline, should its aerial tests
go smoothly, pushing the handover up by as much as six months.
Boeing holds orders for nearly 3,100 737 Max aircraft. Its
shares were recently up 0.8% at $118.43.
Write to Jon Ostrower at jon.ostrower@wsj.com
(END) Dow Jones Newswires
February 03, 2016 11:45 ET (16:45 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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