11th Nov 2015 06:20
CHICAGO (Alliance News) - Boeing Co has cancelled a contract with a supplier of a key engine part for its 737 Max, causing the aerospace giant to change its design for the planned jetliner and abandon a piece of new advanced technology, the Wall Street Journal reported.
FTSE 100-listed engineer GKN PLC was to supply part of the thrust reverser, which slows a jet on landing, but Boeing canceled the deal over concerns that the UK-based company couldn't keep up with plans for a rapid increase in production, the report said.
The 737 Max, with 125 to 215 seats, is planned as a replacement for Boeing's most popular single-aisle jets, and is scheduled to enter service with Southwest Airlines Co. in the third quarter of 2017.
Boeing reportedly said the move wouldn't affect the performance of the 737 Max or the timeline for the first flight, certification and delivery of the jets.
Copyright RTT News/dpa-AFX
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