Boeing reports lowest order numbers in 30 years following 737 Max catastrophes

Company reported 87 more cancellations than new purchases in 2019, after two crashes led to worldwide 737 grounding

Boeing lost orders last year for the first time in three decades, as the 737 Max crisis impacted the company’s reputation and finances.

The aerospace company reported on Tuesday that it had 87 more cancellations than new purchases in 2019. The figures included the cancellation of three 787 Dreamliners in December. In the same month, Boeing failed to book any 737 Max orders as customers avoided the model after two fatal crashes that have led to a worldwide grounding.

Continue reading…

Source : Boeing reports lowest order numbers in 30 years following 737 Max catastrophes