Boeing’s plan to cut its 737 jetliner production this year is expected to have negative spillover effects across the aerospace industry, from parts suppliers to engine makers and even airlines.
A faulty sensor on a Lion Air 737 Max that’s been linked to the jetliner’s deadly crash last October was repaired in a U.S. aircraft maintenance facility before the tragedy.
Norsk Hydro ASA, one of the world’s biggest aluminum producers, suffered production outages after a cyber attack affected operations across Europe and the U.S.
The grounding of Boeing’s 737 Max jet will have ripple effects — not all of them bad — across an aviation industry that’s been a steadying force for industrial conglomerates.
Boeing staggered into a deepening global crisis as governments around the world grounded the company’s best-selling jet over safety concerns after a second deadly crash.
The latest Max version extended the 737’s popularity with a welter of orders, but two deadly incidents claiming close to 350 lives in five months have raised questions about the model’s future.
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