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Boeing May Temporarily Stop Making the Troubled 737 Max

December 16, 2019

Via: Fortune

Boeing Co. is considering temporarily halting production of the 737 Max as regulatory clearance for the grounded jet’s return looks increasingly likely to slip beyond January 2020, said a person familiar with the matter.

While the board is also studying another slowdown in output for its best-selling jet, executives are convinced a temporary pause would be less disruptive, said the person, who asked not to be identified as the discussions are confidential. Boeing shares fell as much as 2.8% in premarket trading in New York on Monday, adding to a 19% drop since a March crash in Ethiopia sparked a global grounding of the 737 Max.

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