Boeing to hike 737 MAX output - sources

Boeing has plans for a fresh increase in output of its 737 MAX jet.

That's according to Reuters sources.

They say production could rise to 42 per month in the second half of 2022.

That would be up from a target of 31 earlier in that year.

If confirmed, the move would suggest Boeing is recovering from a crisis-torn period.

Production of the MAX was halted in 2019 after two fatal crashes.

Output resumed last May at fraction of the previous pace.

The MAX has been approved to return to service in many regions, but Boeing is still waiting for approval from China.

Chief Executive Dave Calhoun says the timing of remaining approvals will influence its decisions on output.

Higher production rates could inject much-needed cash into the supply chain, and reduce costs for Boeing.

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