WASHINGTON/PARIS - Boeing suppliers, customers and financiers braced on Monday for a possible freeze in Boeing 737 production for the first time in more than 20 years as the grounding of the best-sell
ing MAX looks set to last well into the New Year.
Boeing's board was due to meet for a second day in Chicago on Monday to assess output decisions, with an announcement expected later in the day. The company has already cut production to 42 jets a month, from 52 a month before regulators ordered a worldwide grounding in March in response to two fatal accidents.
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Boeing could suspend or cut 737 MAX output – reportBoeing had already decided to reduce its production pace from 52 to 42 planes per month after two crashes led authorities around the world to ground the entire 737 MAX fleet in mid-March.
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Boeing could suspend or cut 737 MAX output – reportBoeing had already decided to reduce its production pace from 52 to 42 planes per month after two crashes led authorities around the world to ground the entire 737 MAX fleet in mid-March.
Read more »