Boeing orders cut almost in half and deliveries tumble as 737 brings on worst crisis in company’s history

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Total orders fell to 95 aircraft in the first quarter from 180 a year earlier

Boeing Co said on Tuesday orders nearly halved in the first quarter and the planemaker handed over far fewer aircraft, as it struggled with the worldwide grounding of its best-selling 737 MAX jets following two fatal crashes.

The fall in order suggests that airlines had adopted a wait-and-watch approach as Boeing looks to ride out the worst crisis in its history.

Source: News Formal (newsformal.com)

 

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