Boeing Manages To Complete The Assembly Of 737 MAX

Boeing Manages To Complete The Assembly Of 737 MAX

Boeing has reached the completion of its first 737 MAX; it is ready for take-off and public demonstration.

Boeing first production assembly has reached completion on Tuesday and 737 MAX might be ready for takeoff earlier than expected and might be taken to the skies early in 2016. The aircrafts company is happy to make this announcement of success; the plane is currently in the facility of the company in Renton.

Boeing Co. 737 MAX completion is major step ahead. It was sent to a paint hangar on November 30 and was first witnessed after completion by the employees of the company. It is expected to be delivered on orders by 2017 to Southwest Airlines. The aircraft still has to go through some tests that every product does, the required tests are expected to complete before 2017, which is going to be difficult for the company.

The aerospace company is remaining positive that it will be able to deliver the aircrafts at the time it has predicted, but only time will tell what is going to happen by then. The airplane is ready to go through pre-flight preparation and is expected to leave Renton, where it was created in order to complete the tests.

The company’s 737 Max will provide the customers with better fuel efficiency, while cutting fuel cost to as much as 20% and even low operation and maintenance costs in comparison to the previous model of the commercial airplane. Keith Leverkuhn, the vice president made a statement, “Today marks another in a long series of milestones that our team has achieved on time, per plan, with the rollout of the new 737 MAX the first new airplane of Boeing’s second century our team is upholding an incredible legacy while taking the 737 to the next level of performance.”

The early release of 737 is announced because the company has huge competition when it comes to order placements for Airbus’s A320Neo airplane. Thus, it is seeking to beat it in competition. The company has already planned to keep the production of 737 as its major focus and speed the process up to meet the deliveries on time.

Boeing is expecting the completion of almost 52 of its jets by the end of FY 2018. Automated machines are expected to be used more in the construction of 737 MAX instead of normal human labor so that the production can be boosted. This move will also help the aerospace giant save money.

Boeing stock closed at $144.18, going red by -0.81% on December 9.