JUST IN: Boeing has reportedly suspended production of its 737 Max fleet as it continues to face scrutiny over the aircraft's safety after two deadly crashes.
, citing people familiar with the matter, said the company made the decision after struggling to convince global regulators that the planes were safe to fly after two crashes that killed 346 people.
The jetliner has been a flagship product for the company, representing tens of billions in sales, and Boeing has still been producing about 40 each month. The Times noted that workers in Boeing’s Renton, Washington, factory would be reassigned to other projects, avoiding any immediate layoffs.
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