Boeing to Reduce Production of 737 Max Airplanes

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Additionally, he stressed that Boeing will maintain the current employment levels of the 737 program and related production teams.

According to him, “We are coordinating closely with our customers as we work through plans to mitigate the impact of this adjustment. We will also work directly with our suppliers on their production plans to minimize operational disruption and financial impact of the production rate change.”

Furthermore, Muilenburg said he requested Boeing’s Board of Directors to create a committee responsible for reviewing the company-wide policies and procedures for design and development of its planes.

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Boeing is hoping to complete the software fix for the 737 Max airplanes over the next few weeks and submit it to the FAA and other regulators worldwide for approval.

It is highly likely that regulator will take weeks and even months to review the software fix and certify that the planes are airworthy.