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Press release

ATI to maintain current production schedules for 737 MAX and LEAP 1-B

08/04/2019

Press releaseIssued by ATI Inc..

Allegheny Technologies Incorporated (ATI) affirmed that it anticipates maintaining its current production and shipping schedules for all materials and components supplied to the Boeing 737 MAX and CFM LEAP 1-B programs during the recently announced temporary aircraft production slowdown scheduled to begin in mid-April 2019.

"We are in daily contact with our key customers and we will continue to reliably meet our supply commitments that support their production schedules for the 737 MAX, LEAP 1-B and other major aerospace programs," said Robert S. Wetherbee, President and Chief Executive Officer. "We continue to prioritize operational and delivery reliability to allow our partners to focus on mitigating the impact of this production adjustment without concern. We have full confidence in Boeing and its global engine supply chain to continue building on momentum gained over the last year to meet the historic ramp up for this important aircraft."

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