Boeing to Suspend 737 MAX Production Written 17 December 2019
Three grounded Boeing 737 MAX airplanes sit parked in a lot normally used for cars in an area adjacent to Boeing Field Thursday, 15 August 2019, in Seattle. | Associated Press-©
Fox Business reports Monday that The Boeing Company will “temporarily halt production of its 737 MAX jetliner in January … escalating the crisis confronting the aerospace giant and raising the prospect of job cuts and furloughs across the global aerospace industry.” The decision by Boeing to suspend production “is likely to reverberate throughout the U.S. economy,” since Boeing is “the nation’s largest manufacturing exporter and one of the top private employers.” Airlines and government officials don't anticipate regulatory approval needed for the MAX to return to service “until February at the earliest.”
Full Story (Fox Business)