Boeing to start 737 Max production on new assembly line July 6, CEO says

Key points

• — Boeing will begin building new 737 Max airplanes on July 6 at a final assembly line it's opening north of Seattle, CEO Kelly Ortberg told CNBC on Friday.
• "We're adding another production line, it's really a carbon copy of what you see here in Renton," Ortberg said.
• "We'll be loading our first airplane on July 6, so just about a month from now, we'll be bringing that [fourth] line alive." The new 737 Max final assembly line in Everett, Washington, will serve as a catalyst for increasing Max production to 52 jets per month — a pace that's expected to begin next year.
• Boeing is currently building 47 Maxes per month after ramping output from 42 a month earlier this year.
• While Boeing wants to build and deliver more 737 Max planes, its production is capped by the Federal Aviation Administration, which put limits on its manufacturing...