Boeing is reporting more weak numbers for airplane orders and deliveries
Boeing sold no airline planes and customers canceled orders for 43 of its 737 Max jet last month as the aircraft maker continued to struggle with both the pandemic and the ongoing grounding of the Max after two deadly crashes.
Still, the cancellations reported Tuesday were down from 60 the month before. Boeing shares gained 3% in midday trading.
Between cancellations and orders that Boeing no longer considers certain — often because of the buyer’s fragile financial position — Boeing has lost more than 800 net orders so far this year.
The coronavirus pandemic has devastated air travel, leaving airlines with more planes than they need. On top of that, Boeing is still working to get approval from regulators in the United States and other countries to resume shipments of the 737 Max.
Last week, the Federal Aviation…
Source news reuters.com, click here to read the full news.