Adds share costs, background on manufacturing plans
Adds share costs, background on manufacturing plans
WASHINGTON/PARIS, Dec 16 (Reuters) – Boeing Co BA.N suppliers, clients and financiers braced on Monday for a potential freeze in Boeing 737 manufacturing for the primary time in additional than 20 years because the grounding of the best-selling MAX appears set to final effectively into the New Yr.
Two suppliers advised Reuters that Boeing was more likely to halt meeting of the jet, although some suppliers might be requested to maintain producing to minimise disruption.
Boeing’s board was on account of meet for a second day in Chicago on Monday to evaluate output choices, with an announcement anticipated later within the day.
An individual briefed on the matter stated on Sunday Boeing was contemplating whether or not to chop or halt manufacturing of its grounded 737 MAX after the Federal Aviation Administration (FAA) stated final week it will not approve the airplane’s return to service earlier than 2020.
Boeing’s best-selling airplane has been grounded since March…