Boeing announced it would temporarily reduce production of its embattled 737 Max jet.
“At a production rate of 42 airplanes per month, the 737 program and related production teams will maintain their current employment levels while we continue to invest in the broader health and quality of our production system and supply chain,” CEO Dennis Muilenburg said. "We will also work directly with our suppliers on their production plans to minimize operational disruption and financial impact of the production rate change.”
Muilenburg recently apologized and said the company took fault for two recent deadly 737 Max crashes.
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