Boeing 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. The newspaper, citing people it did not identify, said management is increasingly seeing production cuts as a viable option. Newman wrote that Dickson is clear that FAA and Boeing “must take the time to get this process right.”The grounding of the Max is costing Boeing and airlines billions. AdvertisementBoeing said in October that production cuts may be needed if a decision on letting the plane fly again is delayed into next year. Production cuts could result in layoffs at the plant near Seattle that could help Boeing control its expenses as it waits for the FAA and other regulators to let the Max back into the air.

Source: Los Angeles Times December 16, 2019 01:07 UTC