Boeing to halt production of 737 Max airliner in January

FILE - In this April 8, 2019, file photo Boeing 737 Max 8 jets are parked behind a stop sign indicating a traffic crossing at a Boeing Co. production facility in Renton, Wash. On Monday, Dec. 16, shares of Boeing are falling before the opening bell on a report that the company may cut production of its troubled 737 Max or even end production all together. (AP Photo/Elaine Thompson, File)

CHICAGO - Boeing Co. said Monday 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.

Boeing said it doesn't expect any layoffs as a result of the production halt "at this time." But layoffs could ripple through some of the 900 companies that supply parts for the plane.

The Max is Boeing's most important jet, but it has been grounded since March after crashes in Indonesia and Ethiopia that killed total of 346 people, and federal regulators told the company last week that it had unrealistic expectations for getting the plane back into service.

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