{"id":268624,"date":"2019-04-09T06:42:56","date_gmt":"2019-04-09T06:42:56","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=268624"},"modified":"2019-04-09T06:42:56","modified_gmt":"2019-04-09T06:42:56","slug":"boeings-737-production-cut-hits-its-shares-and-those-of-suppliers","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/boeings-737-production-cut-hits-its-shares-and-those-of-suppliers\/","title":{"rendered":"Boeing\u2019s 737 production cut hits its shares and those of suppliers"},"content":{"rendered":"<p>Shares of Boeing Co fell more than 4 percent on Monday morning after the company said it would cut production of its 737 MAX aircraft by nearly 20 percent, as the planemaker struggles with a worldwide grounding of the jets. The production cut also weighed on shares of Boeing\u2019s suppliers across the globe. Spirit AeroSystems fell 5 percent, while Triumph Group dropped 6 percent.<\/p>\n<p>European suppliers such as Meggitt, Melrose and Safran were down between 0.4 percent and 2 percent. Deliveries of Boeing\u2019s best-selling aircraft were frozen after the global grounding of the narrowbody model following the crash of an Ethiopian Airlines jet on March 10, which killed all 157 people onboard.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Boeing Co fell more than 4 percent on Monday morning after the company said it would cut production of its 737 MAX aircraft by nearly 20 percent, as the planemaker struggles with a worldwide grounding of the jets. The production cut also weighed on shares of Boeing\u2019s suppliers across the globe. Spirit AeroSystems fell 5 percent, while Triumph Group dropped 6 percent. European suppliers such as Meggitt, Melrose and Safran were down between 0.4 percent and 2 percent. Deliveries of Boeing\u2019s best-selling aircraft were frozen after the global grounding of the narrowbody model following the crash of an [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[196,130,138],"tags":[],"class_list":["post-268624","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/268624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=268624"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/268624\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=268624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=268624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=268624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}