Boeing warns of reduced 737 Max production and deliveries due to parts issue

Boeing on Thursday warned of reduced 737 Max production and deliveries in the near term due to a parts issue originating with a supplier.

"This is not an immediate safety of flight issue and the in-service fleet can continue operating safely. However, the issue will likely affect a significant number of undelivered 737 MAX airplanes, both in production and in storage," the manufacturer said in a statement.

Shares of Boeing fell 3% in after-hours trading on Thursday.

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