Boeing CEO Says Grounded Max Has Decades of Use Ahead

  • Company is reviewing ‘every dimension’ of plane after crashes
  • CEO says progress is being made on new mid-sized aircraft
Muilenburg discusses the 737 Max jetliner’s return to service and investment in the new midmarket airplane.(Source: Bloomberg)
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Boeing Co. Chief Executive Officer Dennis Muilenburg threw his support behind the beleaguered 737 Max aircraft with a prediction that the plane will reclaim its position as a single-aisle workhorse following upgrades on the model that’s been grounded since March.

Speaking on the first day of the Paris Air Show, the CEO reaffirmed his confidence that the Max will return to service before the end of the year and that the plane will remain the backbone of the company’s short-haul strategy for years to come. He dismissed the notion that two deadly Max crashes in a five-month span would force Boeing to accelerate the introduction of an all-new model as a replacement.