The company alerted investors that production could be halted or slowed down.

Boeing, a major player in the aerospace industry, has been producing the popular 737 MAX Jet at a reduced rate due to various setbacks related to technology. These issues arose after it was determined that software malfunctions were behind the two previous plane crashes, causing concern regarding the planes’ controls. Since mid-March, the planes have been grounded following the two tragic accidents that claimed the lives of over 300 individuals.

The timeline for the 737 MAX to resume service remains uncertain. Boeing has expressed its aspirations for the aircraft to be back in the skies by the third quarter of 2019. CEO Dennis Muilenburg acknowledged the possibility of temporarily halting 737 MAX production as a contingency plan the company must consider, albeit not a favorable option.

Boeing has already cautioned its investors about a projected $5 billion drop in profits due to the inability to deliver the 737 MAX to customers. The grounding of the best-selling planes led Boeing to report its largest loss ever in the second quarter. Additionally, Boeing may encounter further legal hurdles following the dissatisfaction among the families of crash victims with a proposed $100 million compensation fund.