Boeing Co. is considering either suspending or cutting back production of the 737 MAX amid growing uncertainty over the troubled plane's return to service and could disclose a decision as soon as Monday, according to people familiar with the matter.
Boeing management increasingly sees pausing production as the most viable among difficult options as the plane maker's board began a meeting Sunday in Chicago, these people said. Support for halting production comes days after U.S. regulators warned the aerospace giant it had been setting unrealistic expectations for when the jet would be allowed to fly again, these people said.
Boeing has already "signaled to U.S. aviation officials last week that it anticipates a production-related announcement this week amounting to at least a significant rollback of MAX output," the Journal reports, citing a source "familiar with the matter."
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