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12/16/2019, 12:36 AM (Source: TeleTrader)
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Boeing may cut or stop 737 MAX production - report

Boeing Co. is looking into whether it should stop production of its troubled 737 MAX plane or at least cut production of the plane further, the Wall Street Journal reported citing sources.

A decision to decrease production could influence jobs at Boeing and all over the aviation industry. Boeing's board is closer to a decision to pause production for a while.

The 737 MAX is still awaiting to be reapproved by the Federal Aviation Administration after two deadly crashes killed hundreds. Earlier reports suggested that the process may last well into 2020.

Breaking the News / VP