Boeing CEO Says Supply Chain Issues Are Hindering 737 Max Production Increase

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Boeing CEO Says Supply Chain Issues Are Hindering 737 Max Production Increase
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Boeing’s CEO says constraints from engine suppliers could last about 18 months.

CEO Dave Calhoun said he expects supply chain issues could persist for the next 18 months.Calhoun said the company wants to ensure production is stabilized before ramping up.CEO Dave Calhoun on Monday said the manufacturer won't ramp up production of its best-selling 737 Max yet because of supply chain constraints.

The manufacturer is producing 31 of the Max planes each month on average, and Boeing will focus on stabilizing that rate before increasing output, according to Calhoun. "Averages don't work very well for customers; predictability does. We have to be at 31 every month, consistently and predictability," he told CNBC's"

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