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Boeing CEO Calhoun expects to resume 737 MAX production before mid-year

Dave Calhoun says Boeing is not considering scrapping the MAX and expects it will continue to fly for a generation.

Boeing 737 Max
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Boeing 737 Max

David Shepardson and Tracy Rucinski | Reuters Washington/Chicago
Boeing Chief Executive Dave Calhoun told reporters on Wednesday the U.S. planemaker expects to resume 737 MAX production months before its forecasted mid-year return to service and said it did not plan to suspend or cut its dividend.

The company announced a production halt in December, when the global grounding of the fast-selling 737 MAX following two deadly crashes in five months looked set to last into mid-2020--a timeline pushed back after Boeing endorsed new simulator training for pilots.

Calhoun said the company is not considering scrapping the MAX and expects it will continue to fly for a generation. "I am all