U.S. FAA halt to Boeing Max production expansion to hit airlines, suppliers

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Open this photo in gallery: Alaska Airlines commercial airplanes at the airport in San Diego, Calif., on Jan. 18.MIKE BLAKE/Reuters The aerospace industry faces widening disruption from the blowout of a panel on an Alaska Airlines Boeing jet after U.S. regulators froze increases in production of the 737 Max, raising concerns over growth plans of airlines and suppliers worldwide. The Federal Aviation Administration (FAA) announced the unprecedented intervention in production schedules late on Wednesday, in a double-edged decision that also saw the partial grounding of the Max 9 model lifted once inspections are done. The FAA said the order meant...