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© Reuters.By Kim Khan
Investing.com – Beleaguered aerospace giant Boeing (NYSE:) fell in midday trading Friday following a report that it is considering cutting production on its flagship 787 Dreamline airliner aircraft more than already thought following its trouble with the 727 Max jet.
- Boeing (NYSE:) announced before that it would cut output of the 787 to 12 a month from 14 a month, but could cut that figure down to 11 or 10, CNBC reported.
- Shares of Boeing (NYSE:) fell 0.3% in midday trading.
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- The company recently said that its 737 Max could be grounded by the middle of the year as regulatory approval is still awaited after two fatal crashes last year.
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