Boeing will cut production of its 737 Max airliner this month, underscoring the growing financial risk it faces the longer that its best-selling plane remains grounded after two deadly crashes. Boeing will cut production of its 737 Max airliner this month, underscoring the growing financial risk it faces the longer that its best-selling plane remains grounded after two deadly crashes. Boeing had already suspended deliveries of the Max last month after regulators around the world grounded the jet. The Chicago-based company had hoped to expand Max production this year to 57 planes a month. In after-hours after news of the production cut, they slipped another 8.98 dollars, or 2.3%, to 382.85 dollars.

Source: Irish Independent April 06, 2019 00:00 UTC