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Boeing CEO says 737 MAX production stabilization taking longer

Boeing CEO Kelly Ortberg said stabilizing 737 MAX production at 47 jets a month is taking longer than expected. After stabilizing, Boeing plans to increase to 52 jets a month.

BA

Boeing NYSE:BA CEO Kelly Ortberg said on Wednesday that it is taking "longer than expected" to stabilize the 737 MAX production rate at 47 jets a month. S. planemaker will look to raise output to 52 jets a month, he said at a conference. Ortberg said that…