Boeing Co. said its profits more than halved in the latest quarter and plans to cut production of its 787 Dreamliner jet next year, but still expects the 737 MAX to return to service by the end of the year. The company said slowed production of the MAX will cost an additional $900 million on top of the $2.7 billion already booked over the life of the program, though it plans to maintain monthly output of the 737 range at 42, rising to 57 by the end of next year.

Source: Wall Street Journal October 23, 2019 11:51 UTC