It is possible that the plane will not fly again this year
BOEING’S LATEST order and delivery numbers, revealed on July 9th, made for some grim reading. The company delivered just 239 commercial aircraft in the first half of the year, down 37% from the same period in 2018. And it had no new orders whatsoever in the second quarter for its 737 MAX aircraft, from which it makes around a third of its revenues and profits.
The news is hardly surprising, given that the 737 MAX was grounded in March by safety regulators around the world after two crashes in just five months killed 346 people. This has hit Boeing in the pocket, as it only gets paid for planes when they are delivered, and airlines are refusing to take any MAX jets until they are allowed to fly again.Furthermore, carriers are losing confidence that the aircraft’s problems will actually be fixed at any point soon.
The rumour among airline executives is that the MAX may not get airborne again this year. And their patience with Boeing is starting to run out. On July 8th flyadeal, a low-cost airline from Saudi Arabia, became the first airline to cancel an order for 737 MAXs—it had requested 30—in favour of Airbus’s competing A320neo. It may be the first of many more.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Boeing again reports no new orders for 737 Max as planes remain groundedBoeing deliveries have slowed following two fatal crashes of the 737 Max, its best-selling plane ever.
Read more »
Russia's Ural Airlines plans to get first Boeing-737 MAX in December: InterfaxRussian airline Ural Airlines plans to receive the first of 14 previously ordere...
Read more »
Boeing 737 Max crash: Did foreign pilots have enough training to fly commercial jets?In the U.S., copilots must have a minimum of 1,500 flight hours. Internationally, it's only 240 hours -- and regulators might decrease or scrap that.
Read more »
Boeing fell behind arch-rival Airbus after a collapse in orders made its nightmare year even worseBoeing delivered 150 fewer planes than Airbus in the first six months of 2019, as the crisis with its 737 Max planes shows no sign of going away.
Read more »
Airbus Poised to Overtake Boeing as Biggest Plane MakerBoeing said its commercial-jetliner deliveries fell by more than a third in the first half from a year earlier, as 737 MAX aircraft continue to pile up at its facilities.
Read more »
Boeing fell behind arch-rival Airbus after a collapse in deliveries made its nightmare year even worseBoeing delivered 150 fewer planes than Airbus in the first six months of 2019, as the crisis with its 737 Max planes shows no sign of going away.
Read more »