Aug. 7, 2019, © Leeham News: It will take Boeing nearly a year to deliver the stored 737 MAXes if the airplane returns to service in November, according to a new analysis by Bernstein Research.
In an Aug. 5 research note, Bernstein reported the results of an investors’ survey and forecast the ramp-up of production next year to rate 57/mo, something Boeing had hoped to achieve last June before the MAX grounding upset all plans.
In the survey, Bernstein reported it expects the MAX return to service in November.
The poll found investors:
Bernstein believe compensation will be “discretionary, as Boeing works to repair relationships.”
One hundred investors were polled.
Bernstein doesn’t see another production rate cut and no production suspension, based on its own November delivery forecast.
It sees the following production rate schedule:
Bernstein predicts Boeing will be able to deliver 25 stored MAXes a month, resulting in the total Undelivered backlog being cleared by December 2020.
Buckingham Research earlier forecast a best case clearing of the backlog in 13 months and a worse case in 22 months.