Howmet Slashes Boeing 737 Shipment Expectations by 41%

737 production line

Howmet is unclear when Boeing will be able to meet its target of rolling out 38 737s a month.

Credit: Stephen Brashear/Getty Images
Howmet Aerospace Chairman and CEO John Plant, who is often seen as a shrewd prognosticator of large aircraft manufacturing rates, has decided to slash his company’s expectations for Boeing 737 shipments by 41%. Plant told financial analysts on a May 2 teleconference that Howmet has revised its own...

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