Muilenberg: Boeing “is making good, solid progress” on 737 MAX return

Daily Newsletter | September 12, 2019
On September 11, 2019, the Chairman and Chief Executive Officer of Boeing, Dennis Muilenburg, spoke at the Morgan Stanley 7th Annual Laguna Conference at Laguna Beach, California. Muilenburg touched upon a few key subjects, but the 737 MAX crisis and the forthcoming end to the groundings were the main topics of Boeing’s presentation.
For the first time, AIR Convention offers the opportunity to those who will not be attending the event in-person to send their questions for the speakers. 
Caught in the crossfire between the politics of mainland China and anti-government protests in Hong Kong, Cathay Pacific is suffering the consequences. Following an “incredibly challenging” month, Cathay now states it will implement “short-term tactical measures, such as capacity realignments” as it anticipates September to be just as difficult.
The ongoing trade war between the United States and China is a risk factor for Boeing wide-body plane sales. The company’s CEO Dennis Muilenburg said that if unsolved, the situation threatens the 787 Dreamliner, as its production is dependable on the needs of Chinese customers. 
The State Department officially informed the Congress of its intention to proceed with the sale of 32 F-35A fighter jets to Poland. The F-35s should replace the MiG-29 and Su-22 fighters within the Polish Air Force. The first aircraft should be delivered in 2024, with a first squadron to be operational by 2026.
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