Boeing plane deliveries down 72% in August as MAX grounding weighs By Reuters

Share With Your Friends
Facebook
Twitter
Pinterest
LinkedIn



(Reuters) – Boeing Co (N:) handed over around a quarter as many planes in August as it did a year ago, pushing total deliveries so far this year down more than 40%, as the worldwide grounding of its best-selling 737 MAX jet enters its seventh month.

Regular monthly numbers from the U.S. planemaker showed deliveries totaled 276 aircraft in the eight months through August, compared with 481 last year.

Chicago-based Boeing has not delivered any of its 737 MAX aircraft since the single-aisle plane was grounded worldwide in March after two fatal crashes in Indonesia and Ethiopia.

U.S. airlines have removed the grounded jet from their flight schedules until December or early next year.

The planemaker has said it expects to receive certification from the Federal Aviation Administration by October to put the jets back in the air.

Boeing is still playing catch up with European rival Airbus SE (PA:), which remains ahead with combined deliveries of 500 aircraft for the first eight months of 2019. Airbus delivered 207 of its A320neo jets, which competes with the 737 MAX.

Net orders after cancellations were a negative 85 aircraft so far this year for Boeing, compared with 95 for Airbus.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





Source link

Share With Your Friends
Facebook
Twitter
Pinterest
LinkedIn