Shares of the Boeing Co. were rising on Wednesday after the manufacturer sent a signal that it is preparing for life after the grounding of its 737 MAX. The company has said previously that it intends to hand over its package of software and training updates to global regulators in September in hopes of the jet being cleared to fly again early in the fourth quarter. That’s an important timeline for production work in Wichita, as Boeing CEO Dennis Muilenburg has said that a delay too far beyond that target could result in decrease on the 737 MAX program or even a temporary halt to it altogether. The 737 MAX accounts for around half of the annual sales at Spirit, which is itself holding excess components on the aircraft, including the full fuselage, in inventory and delivering them to Boeing as requested. Boeing has lowered its output on the 737 MAX to 42 aircraft per month, while Spirit has stayed at the pre-grounding rate of 52 per month as part of a staggered production agreement between the companies. Spirit is Wichita’s largest employer with 13,000 local workers.
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