Boeing Sells No Airliners in October, Canceled Orders Decline

MIAMI – The Associated Press reported today that Boeing sold no airline planes last month. Customers also canceled orders for 43 of its 737 MAX jet in October. The aircraft maker continues to struggle with both the pandemic and the ongoing grounding of the MAX after two deadly crashes.

Still, the cancelations 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, according read more ⇒

Source:: “Airways Magazine”

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