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BOEING TO HALT PRODUCTION OF 737 MAX AIRLINER IN JANUARY

Boeing said that it will temporarily stop producing its grounded 737 Max jet starting in January as it struggles to get approval from regulators to put the plane back in the air.

The Chicago-based company said production would halt at its plant with 12,000 employees in Renton, Washington, near Seattle. But it said it didn’t expect to lay off any workers “at this time.”

The move amounts to an acknowledgement that it will take much longer

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