. >> reporter: right administrator steve dixon making phone calls to a number of airlines remember, earlierhis week, boeing put out what it considers its latest guidance regarding the 737 max. and in that guidance, the company telling both the faa as well as airlines, a number of other key stakeholders, look, we believe that we could have the ungrounding of the 737 max by the middle of this year. that created perhaps some questions among airline executives as well as suppliers. well, does this mean that the faa agrees does the faa also think that this could happen? administrator dixon talking with a number of airline executives is saying that the faa is seeing what they're calling good progress from boeing when it comes to what needs to happen to get the 737 max ungrounded now, he's not giving a deadline and he's not saying, yeah, we expect it to be ungrounded by the middle of this year, but if the progress continues, what administrator dixon is saying, potentially? could it be the middle of the year that the faa believes that all of the things that need to happen with the maximum happen, a

steve dixon has been reserved, cautious, somebody who has been very careful not to say anything that might be misinterpreted as too optimistic and that is the reason why when you look at shares of boeing investors believe perhaps, perhaps there is a little bit of light at the end of the tumble when -- tunnel 737 max it has the recertification flight, a number of other key moments that need to happen. but this is the first time that we heard from the head of the faa in a positive manner, speaks to the change at the top of boeing and in the relationship between boeing and the faa and we certainly have noticed that the last couple weeks. >> phil, of course that's the big headline everyone watching what happens with the 737 max. what about the dream liner though and the changes that mae be made with production there? >> right right. well earlier today there was a report that boeing might be considering a reduction, a further reduction in 787 dream liner production we talked with our sources they say yes, boeing is considering this right now they built fourteen 787s per month down to 12,

today administer or steve dixon talking with executives that fly the max, and he said two things that are significant one, there is progress being made by boeing as it works through the it issues needed to clear this plane, and two, it is potentially possible that we could see the 737-max recertified, ungrounded by the middle of this year. now, that's a big caveat in there, could be recertified. steve dixon did not tell the executives, yeah, it's definitely going to happen, because if more issues pop up, it could be pushed back. but the significance could not be overstated. steve dixon has been forthright of his criticism over the last six months and today is the first time we've heard from him genuine, positive comments about the progress boeing has made working with the faa to get the 737-max fixed and back in the a air. that's why you're seeing shares moving higher. >>> as for the 777-x for a text flight, do they always wait for more perfect weather conditions obviously this plane will have to fly in much worse, in due course once fully approved, but for the first test flights, the

they're not going to say may first, june first, july first, it is worth noting that last week steve dixonhe ceos of the u.s. carriers that have the max and he said i'm seeing good progress from boeing when it comes to getting the 737 max ungrounded that means they also believe it's likely mid year though they're not going to say that. this is all provided there's no other surprises that come up and they're making these final steps toward recertification and then ungrounding the plane. >> what is the chance that there's -- we'll talk about this but this is just to throw everything at it right now this is the first outing you try to buy yourself six months, 12 months, just a quarter frankly. >> i mean, i think that's part of the answer to the question of why this -- to some degree it's discretiona discretionary. how you recognize it -- >> how discretionary is it right. >> this is what we think. >> and the stock is now down 2 it went down as much as 6 or 7 the dow recovering a little bit. we'll be back. let's get some analysis. joining us on the newsline, the founding partner in u.s. aerospa

i'm happy to announce steve dixon, my boss, who you will hear from later today just approved that realization last night. that will allow us to be more responsive to industry as we move forward. now, with that cadence the other issue is getting into the air space, the on ramp or getting through. i look at it like it on on a freeway. it got to be able to safely get there. we have to move and we are moving from segregation and second airspace to integrating one of the things we did this year is removed responsibility for integrating space transportation into the national airspace system from our office to air traffic organization. they own the requirements, the priorities, the funding. they will get this done. does nobody better in the world at airspace integration than them. because even though the impact right now with the commercial space transportation industry is relatively small,, it's going to increase. on the other side, one general aviation aircraft can stop the launch with a single person on board. we have to be able to use this limited airspace effectively. the faa is committed to do