On the heels of Boeing’s announcement it would suspend production of its best-selling 737 MAX jetliner in January, Airbus shares rose.

The European aerospace group shares were up 1.6% in early trading while those in Safran, a supplier to Boeing, were down 2.1%.

Boeing is suspending the production of its best-selling 737 MAX jetliner in January, following two fatal crashes.

Source: https://www.reuters.com/article/us-boeing-737max-production-airbus-idUSKBN1YL0PG