Boeing CEO's said he's 'sort of glad' he was forced to halt expansion of 737 Max production

• The FAA won't let Boeing expand production of the 737 Max as it investigates the company.
• CEO Dave Calhoun said he's "sort of glad" because "that's a good excuse to just take our time."
• Boeing is currently producing 38 737 planes a month, and previously targeted reaching 50 by 2025.

Boeing's CEO said in its fourth-quarter earnings call on Wednesday he's "sort of glad" regulators paused expanding production of the 737 Max.

The Federal Aviation Administration announced the measure last Wednesday, as it cleared 737 Max 9 aircraft to return to service once inspected.