Boeing suppliers reel from 737 Max production halt

Boeing’s decision to suspend production of its 737 Max aircraft has ricocheted around the world, affecting hundreds of suppliers making critical parts for the ill-fated passenger jet. It is the latest blow to the US aircraft maker, but the impact could be even more severe for suppliers, which spread from its Seattle base to manufacturing hubs thousands of miles away. Boeing’s statement after US markets closed Monday gave no details on whether it planned to share the pain with its supply chain by continuing to let inventory pile up while work on the Max is suspended. There is little precedent for Boeing’s suspension of production, said Paul Adams, head of aerospace at the management consultancy Vendigital, and the fallout on suppliers would be significant. <br/>
Financial Times
https://www.ft.com/content/45fd7f1a-20f3-11ea-92da-f0c92e957a96
12/17/19