Boeing to stop manufacturing of 737 Max

Hanno Labuschagne

Staff member
Super Moderator
Sep 2, 2019
Boeing to stop manufacturing of 737 Max

Boeing Co. plans to halt production of its grounded 737 Max in January, a move that will deepen the crisis engulfing the planemaker, complicate its eventual recovery and ripple through the U.S. economy.

The indefinite shutdown will help conserve cash but jolt a supplier base that stretches from Seattle to Kansas, adding a headwind for American industry ahead of the 2020 elections.

At Boeing itself, employees will continue 737-related work or be temporarily reassigned to other teams, the company said in a statement Monday. No layoffs or furloughs are planned for now.