Boeing Co is set to lose the title of being the world's biggest planemaker ...
- Boeing Co is set to lose the title of being the world’s biggest planemaker after reporting a 37% drop in deliveries for the first half of the year due to the prolonged grounding of its best-selling MAX jets.
The numbers indicate that Boeing’s full-year deliveries are likely to fall behind its European rival for the first time in eight years. J.P. Morgan analyst Seth Seifman has speculated that the new delay could prompt Boeing to consider another production cut and book an additional charge in the second quarter, hurting 737 margins further.
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