Boeing is suspending production of the 737 Max in January, as the troubled jet's grounding drags into 2020
FILE PHOTO: The angle of attack sensor, at bottom center, is seen on a 737 Max aircraft at the Boeing factory in Renton, Washington, U.S., March 27, 2019.Boeing will temporarily suspend production of the 737 Max as the plane remains grounded into 2020.
The decision was first reported by the Wall Street Journal following a meeting of Boeing's board on Monday.Visit Business Insider's homepage for more storiesBoeing will halt production of its 737 Max narrow-body jet in January, escalating the company's crisis as it prepares to end a year marked by accidents, scandals, and a plummeting public perception.The prospect of assembly being halted was raised over the weekend.
The jet has been grounded world-wide since the crash of Ethiopian Airlines Flight 302, the second of two fatal 737 Max crashes in five months.
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Boeing may curb the production of 737 Max airplanes, source saysBoeing is considering curbing production of the troubled 737 Max. The company could either suspend production or further reduce the production level, a source said.
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Boeing considers cutting production of 737 Max, report saysBoeing may cut production of the grounded 737 Max jet or temporarily stop making it after being told that its timetable for a return to the skies was not realistic, according to a published report Sunday.
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WSJ News Exclusive | Boeing Weighs Cutting or Halting 737 MAX ProductionBoeing is considering either halting or further cutting production of the 737 MAX amid growing uncertainty over the troubled airplane’s return to service and could disclose a decision as soon as Monday.
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Boeing reportedly nears decision on cutting or halting 737 Max production
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The 737 Max is in deeper trouble than Boeing thought, and its stock is sinkingBoeing's stock has fallen roughly 3 percent in premarket trading following a report that the company was considering curbing production of the troubled 737 Max
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Boeing considers halting production of 737 Max over grounding: report - Business InsiderThe decision could be announced by Boeing as soon as Monday, according to The Wall Street Journal, which cited sources familiar with the matter.
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