A top Boeing supply chain executive on Tuesday said suppliers and airlines have the right to be skeptical about company jet output forecasts, following a recent decline in the planemaker's production.

“It’s a fair sentiment on the part of the supply base and the airlines to say that we failed our commitments to them in terms of the timeline,” Ihssane Mounir, SVP global supply chain and fabrication for Boeing, told a discussion panel with other executives at the Farnborough Airshow.

The U.S. planemaker, which has plans to increase output of its strong-selling 737 MAX, has reduced production significantly this year after coming under legal and regulatory scrutiny following a Jan. 5 panel blowout on a near-new 737 MAX 9.

(Reporting by Allison Lampert in Farnborough, England; editing by Jason Neely)