Boeing gets first 737 MAX order since crash; deliveries halve - British Herald
October 8, 2019
Business

Boeing gets first 737 MAX order since crash; deliveries halve

– Boeing Co secured the first new order in months for one of its grounded 737 MAX planes in September, the company said on Tuesday, as it reported total deliveries for the first nine months of 2019 that were just half those a year ago.

Regulators grounded the 737 MAX worldwide following a second fatal crash in March that killed all 157 people on board an Ethiopian Airlines plane, and is fighting to get the jet back in service later this year.

It said on Tuesday that an unidentified business jet customer had ordered one 737 MAX jet.

Boeing’s net order tally, including cancellations, was a negative 84 for the first nine months of 2019, also hit by the bankruptcy of India’s Jet Airways <JET.NS>, which resulted in Boeing removing 210 aircraft from its order backlog.

European rival Airbus in contrast has 127 net orders this year and is within reach of its full-year goal of 880-890 deliveries despite factory snags.

Boeing deliveries fell 47% to 302 aircraft in the first nine months of 2019. Deliveries totalled 26 aircraft in September, down from 87 a year earlier.

Prior to the MAX grounding, Boeing, which delivered 806 aircraft in 2018, was targeting 900 aircraft deliveries this year.

(Content & Photos Syndicated Via Reuters)

(Reporting by Ankit Ajmera in Bengaluru; Editing by Shailesh Kuber)

Related Posts