Boeing, the US aerospace manufacturer, slumped to its biggest ever quarterly loss as the prolonged grounding of its bestselling 737 Max jet took its toll.
The company warned that while it expected the Max to start returning to service “early in the fourth quarter”, it might have to further reduce or temporarily shut down production if the timing slipped significantly.
Boeing cut production of the 737 Max from 52 to 42 a month in April after its worldwide grounding in March following two fatal crashes that killed 346 people.
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