WASHINGTON—Boeing announced late Apr. 5 it will slow 737 MAX production to 42 new aircraft a month by mid-April, adding to fears that the type’s grounding and delivery halt will last longer than industry initially expected. The announcement came minutes after stocks closed regular trading on Wall Street and after CEO Dennis Muilenburg released a videotaped statement earlier in the day expressing Boeing’s sorrow for lives lost in recent MAX crashes and how the ...

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