Boeing to Pause Production of 737 MAX in January 2020

You're probably familiar with the two crashes caused by Boeing 737 MAX and killed 346 people. It's been a long time since its grounding, but a month ago Boeing provided an update on 737 MAX, saying it could be in service in January 2020.

SEE ALSO: BOEING'S 737 MAX COULD BE IN THE AIR AGAIN IN EARLY 2020

However, seems like this situation has changed since Boeing announced that it will suspend the production of 737 MAX in January 2020. Boeing decided in this way after Federal Aviation Administration (FAA) said they don't plan to lift a flight ban this year. 

Boeing doesn't plan to lay off any workers at the Renton, Washington factory where 737 MAX is produced.

In a statement that was released by Boeing about the situation, they said, "Safely returning the 737 MAX to service is our top priority. We know that the process of approving the 737 MAX's return to service, and of determining appropriate training requirements, must be extraordinarily thorough and robust, to ensure that our regulators, customers, and the flying public have confidence in the 737 MAX updates. As we have previously said, the FAA and global regulatory authorities determine the timeline for certification and return to service. We remain fully committed to supporting this process. It is our duty to ensure that every requirement is fulfilled, and every question from our regulators answered."

Boeing continued, "We believe this decision is least disruptive to maintaining long-term production system and supply chain health. This decision is driven by a number of factors, including the extension of certification into 2020, the uncertainty about the timing and conditions of return to service and global training approvals, and the importance of ensuring that we can prioritize the delivery of stored aircraft. We will continue to assess our progress towards a return to service milestones and make determinations about resuming production and deliveries accordingly."

We'll see what decision FAA will make and when 737 Max will be produced again.