Boeing says 737 MAX grounding delays could force it to stop production

(Add details of the SEC letter and the background of the blockages) By Eric M. Johnson SEATTLE, Dec. 5 (Reuters) - Important additional regulatory requirements or delays in returning Boeing Co's 737 MAX to commercial service could cause it to temporarily cut or suspend aircraft production, it said in a letter seen Thursday by Reuters. Boeing said it does not expect order cancellations of 737 MAX due to the grounding of its best-selling single-aisle aircraft to have a significant impact on revenue or profits. He cited the size of the order book of 737 and the ability of the administration to mitigate the possible impacts by changing the planned delivery dates of customers, in the letter to the US Securities and Exchange Commission. UU. Dated October 18. The 737 MAX, Boeing's best-selling aircraft, has been on the ground worldwide since March after accidents in Indonesia and Ethiopia that killed 346 people within five months. The Boeing letter was a response to SEC requests to clarify its comments in previous financial presentations on the 737 MAX basis related to revenue and production. Boeing has previously said that additional delays or a cut in production are possible, as regulators around the world evaluate the 737 MAX, including the software update proposed by Boeing for a flight control subsystem at the center of accidents and complementary training materials. Boeing said last month that it expected the Federal Aviation Administration to allow airplanes to return to service in mid-December, although it did not expect the agency to complete its review of the revised training requirements until January. Boeing also said it does not expect a shortage of space to store parked 737 MAX aircraft, which continue to leave its factory in the Seattle area, would limit its ability to continue production. (Report by Eric M. Johnson in Seattle; Edited by Dan Grebler) This story has not been edited by The Times of India and is automatically generated from a syndicated feed to which we subscribe. (This story has not been edited by timesofindia.com and is automatically generated from a syndicated feed to which we subscribe.)

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