Orders and deliveries continue to sag for giant aircraft maker Boeing
Boeing reported Tuesday that customers canceled orders for 60 of its grounded 737 Max jets in June, and the aircraft maker removed another 123 planes from its backlog because of doubts that the deals will be completed.
The slump in aircraft sales extends across the Atlantic. European rival Airbus reported no new orders in June.
Chicago-based Boeing, a leading U.S. exporter, was struggling before the pandemic hit because of the grounding of the Max — once its best-selling plane — after two deadly crashes. The coronavirus has compounded the company’s problems by causing a deep slump in air travel that has left airlines around the world with too many planes, not a need for more.
American Airlines is demanding that Boeing help it find financing for 17 Max jets that the airline expected to receive…
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