How Boeing’s 737 MAX production freeze will have global repercussions
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.
The U.S. manufacturer said on Monday it would prioritise the delivery of the 400 737 MAX jets it had made since the model was grounded globally rather than feeding more airplanes into production.
“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.
