Boeing prepares for MAX 737 jets sitting outside factory as deliveries halted.
SEATTLE - Boeing Co confirmed suspension of deliveries of 737 MAX aircraft on Thursday but continues to produce its single-aisle jets at full speed while dealing with the worldwide 737 MAX fleet's grounding following a deadly Ethiopian Airlines crash.
Boeing said it had paused deliveries of its fastest-selling 737 MAX jetliner built at its factory near Seattle because of the temporary grounding order by the U.S. Federal Aviation Administration , confirming a Reuters report from Wednesday. Manufacturers avoid halting and then speeding up production as this disrupts supply chains and can cause industrial snags. But having to hold planes in storage consumes extra cash in increased inventory.
The 737 MAX 8 and 9 planes will be grounded for weeks if not longer until a software upgrade can be tested and installed, U.S. lawmakers said on Thursday as officials in France prepare to begin analysing the black boxes from the crashed jet.
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