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Honeywell expects Boeing 737 MAX deliveries to resume in the second half of 2019

April 18, 2019 — 09:55 am EDT

Written by Reuters ->

April 18 () - Honeywell International Inc on Thursday said it expects the production rate and deliveries of Boeing Co's 737 MAX jets to resume in the second half of this year.

The 737 MAX was grounded worldwide in March following two fatal crashes, forcing Boeing to freeze deliveries.

The impact of the groundings and production rate cuts for the 737 MAX by Boeing is negligible for Honeywell in the second quarter, Chief Executive Officer Darius Adamczyk said on a conference call with analysts.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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