Significant additional regulatory requirements or delays in returning Boeing Co’s 737 MAX to commercial service could cause it to cut or temporarily halt production of the aircraft, it said in a letter seen by Reuters on Thursday. Boeing said it does not expect 737 MAX order cancellations due to the grounding of its best-selling single-aisle jet to have a material impact on revenues or earnings. The 737 MAX, Boeing’s best-selling plane, has been grounded worldwide since March after crashes in Indonesia and Ethiopia that killed 346 people in the span of five months. …read more
Source:: Yahoo Finance