Moody's and S&P doubt Boeing will hit year-end production targets

Ratings agencies say planemaker may not reach target of producing 38 Max jets a month by the end of 2024, due to labour disruptions at its facilities in Seattle
Moody's and S&P doubt Boeing will hit year-end production targets

Boeing slowed output so it could improve production quality.

Boeing will likely miss a key 737 Max jet production target in 2024, analysts at rating agencies Moody's and S&P said, adding the company faces challenges as it ramps up its strongest-selling plane.

The US aerospace giant's goal is to produce 38 Max jets a month by the end of 2024, up from 25 jets a month in July.

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