Boing to Cut 737 MAX Production
Boing Co. will start cutting production to the 737 Max by a fifth after the two crashes. This does not only mean that the productions are down but also the stocks of Boing Co. are going down.
The shares fell more than 2%. Not only is this production risking the lives of people but the stopping of the production is putting many people out of jobs.
Boing is also looking at other ways to fix the problem by proposing a software fix and pilot training on top of the ones they already had. With the production stopped the next 737 MAX is expected to be delivered in months instead of being weeks away.
Another problem Boing is facing is having completed 737 MAX planes piling up at its assembly plant near Seattle. They are starting to look for other storage sites to store the sky monsters.
Link: https://www.wsj.com/articles/boeing-to-cut-737-max-production-11554494
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