Airplanes

GE venture to build more Airbus engines to help offset Max shutdown

General Electric Co. and France’s Safran SA have struck a deal to increase production of engines for Airbus SE’s rival to the 737 MAX, helping the pair deal with Boeing Co.’s production halt of its embattled plane, according to people familiar with the matter.

Boeing to suspend 737 MAX production in January

Boeing Co. will temporarily halt production of its 737 MAX jetliner in January, according to a person briefed on the matter, escalating the crisis confronting the aerospace giant and raising the prospect of job cuts and furloughs across the global aerospace industry.