"Boeing Crisis Forces Airlines to Cut Flights and Pause Hiring"

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Source: CNBC
"Boeing Crisis Forces Airlines to Cut Flights and Pause Hiring"
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TL;DR Summary

Boeing's ongoing crisis with its 737 Max planes is causing major airlines like Southwest and United to reevaluate their growth plans and capacity forecasts due to delayed deliveries and certification issues. The FAA has identified non-compliance issues in Boeing's manufacturing process, leading to a pause in output increases. Airline CEOs expressed frustration at Boeing's problems and called for the company to improve its quality control. Boeing's leadership has vowed to address these issues and implement changes to strengthen quality across its production system.

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