Boeing continues to struggle as it reiterates MAX will be flying again by New Year

Boeing will cut production of its flagship Dreamliner, and delay the arrival of a successor to its 777 mini-jumbo, as it struggles to deal with the grounding of the 737 MAX which continues to dent its third-quarter profits. During the Q3 2019 results, Boeing reiterated that it still expects the MAX, its best selling plane, which was grounded worldwide after two fatal crashes, to get approval from regulators such as the US Federal Aviation Administration (FAA) to fly again before the end of the year. However, the company was quick to stress that production costs are expensive for the aircraft,