The Wall Street Journal reported that Boeing may announce today, Monday, whether it will cut more or suspend the production of its 737 MAX, which has been suspended since the crash of two such aircraft.

The newspaper quoted people familiar with the matter as saying that the management of the American company increasingly believes that stopping production is the most viable option.

Boeing made a previous decision to reduce production of "737 Max" from 52 to 42 aircraft per month after the crashes in Indonesia and Ethiopia.

Last March, an Ethiopian Airlines 737 MAX plane crashed, killing 157 people on board.

Before that, and in October 2018, a plane of this type crashed in Indonesia, killing 189 people on board.

The two incidents prompted aviation authorities around the world to stop flying the entire plane in mid-March.

Last Thursday, US Federal Aviation Administration chief Steve Dickson met Boeing chief Dennis Mullenberg and expressed his concerns that the company was rushing to return the plane to air.

Although the "737 MAX" aircraft had been lying on the ground for nine months, Boeing continued to produce them, with the accumulation of production for several months of this aircraft.

"We continue to work closely with the Federal Aviation Administration and global regulators to obtain the necessary licenses and the safe return of MAX to service," a Boeing spokesman said.

And in the event that a decision is taken to suspend production, this indicates that the Max planes will remain on the ground longer than previously thought.

The Seattle Times reported on Sunday that the board of directors is studying a proposal submitted by senior management to temporarily halt production of the 737 model.

Boeing said in a statement that the company "will continue to evaluate production decisions based on the timing and conditions of return to service that will depend on regulatory approvals and may vary according to jurisdiction."