BOEING Suspends Max Aircraft

Boeing plans to suspend production of the 737 Max starting in January as it waits for the embattled plane to be recertified to return to service, the company announced Monday.

The company’s stock price closed down more than 4% Monday after early reports that Boeing (BA) might halt the plane’s production began to circulate, and then fell another 0.67% after hours following the company’s official announcement.

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Article URL : https://www.cnn.com/2019/12/16/business/boeing-suspends-737-max-production/index.html