Boeing may suspend 737 Max production

(CNBC) — Boeing expects its troubled 737 Max jets to return to the skies by early in the fourth quarter but its CEO warned investors on Wednesday that it could further cut or suspend production of its bestselling planes altogether if delays get worse.

The 737 Max has been grounded since mid-March following two fatal crashes. Investigators implicated a piece of new flight-control software in both air disasters that repeatedly pushed the nose of the planes downward.

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