Boeing Co plans to reduce its monthly 737 aircraft production by nearly 20 per cent as it works to manage the grounding of its MAX aircraft in the wake of two deadly crashes, the company says. Starting mid-April, production will be cut to 42 planes per month from 52, the company said in a statement. Boeing said it continues to make progress on a 737 MAX software update to prevent accidents like these from ever happening again. The 737 MAX is banned from flying in most countries across the world following the Ethiopia crash that killed all 157 people on board. Boeing faces logistical issues in finding places to park the growing number of grounded 737 MAX planes as well as being responsible for all their maintenance costs since it has been unable to deliver the jets to customers, two people briefed on the situation said.

Source: Ethiopian News April 05, 2019 20:48 UTC