SYDNEY/CHICAGO - Boeing Co has decided to suspend production of its best-selling 737 MAX model from January, the plane maker’s biggest assembly-line halt in more than 20 years, as repercussions from two deadly crashes drag into 2020.
“This temporary move will put our system in a better position to recover and more efficiently deliver completed airplanes once we safely return the 737 MAX to service,” Boeing Commercial Airplanes Chief Executive Stan Deal told employees in a memo seen by Reuters. Other global regulators, including in Europe and China, have indicated they could take even longer to approve the plane’s return.
In Europe and Asia, travel demand has been more muted in recent months as economic growth slows, leading to a risk of heightened competition and declining fares once the 737 MAX returns.
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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 Trump = disaster ! As ye sow, so shall ye reap! I hope they will close the business. For putting profits above human life. Bye boeing.
Source: CNN - 🏆 4. / 95 Read more »
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.
Source: BusinessInsider - 🏆 729. / 51 Read more »
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. I'm never flying on a 737 max EVER. They need to scrap production all together!! Yeah thus okay Just rebrand the plane and change the . Boeing
Source: CNN - 🏆 4. / 95 Read more »
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. BREAKING LOL NOSHITSHERLOCK They should. Change it, it’s a fail.
Source: latimes - 🏆 11. / 82 Read more »
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. This has gone so far now it’s probably the best thing to do more great Boeing news for this week markets as Boeing launches Starliner to ISS. Lets hope that doesn't blow up too. Why has it taken them this long?
Source: WSJ - 🏆 98. / 63 Read more »
Boeing reportedly nears decision on cutting or halting 737 Max productionHow did they not stop that immediately? Or at least change the name? No one wants to fly in the crash-mobile. greatweet Boeing considers halting or further cutting 737 Max production... cut/cut/cut😀😀😀 Check it out! kindle KindleUnlimited ingles english And United just put a big dent in the Dreamliner because they're buying the Airbus long haulers
Source: CNBC - 🏆 12. / 72 Read more »