Boeing’s 737 Production Drop Will Hurt Other Aerospace Companies

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Boeing Co.’s plan to cut its 737 jetliner production by 19 percent this year is expected to have negative spillover effects across the aerospace industry, from parts suppliers to engine makers and even airlines. The planemaker said it would cut output to 42 airplanes a month by mid-April, as the company fights global criticism about the safety of its 737 Max jets after two tragic crashes that ultimately led to a grounding of the aircraft.

Collected and summarized from the source below by Quynh Hoa