PARIS (Reuters) - Shares in European aerospace group Airbus (PA:AIR) rose on Tuesday, after archrival Boeing (N:BA) said it would suspend production of its best-selling 737 MAX jetliner in January.
Airbus shares were up 1.6% in early trading while those in French aerospace company Safran (PA:SAF), a supplier to Boeing, were down 2.1%.
On Monday, Boeing said it would suspend production of its best-selling 737 MAX jetliner in January, as the fallout from two fatal crashes of the grounded aircraft drags on into 2020.