Boeing sells just one plane in June amid crisis in aviation

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>Boeing reported that customers cancelled orders for 60 of its grounded 737 Max jets in June&comma; and the aircraft maker removed another 123 planes from its backlog because of doubts that the deals will be completed&period;<&sol;p>&NewLine;<p>The slump in aircraft sales extends across the Atlantic&period;<&sol;p>&NewLine;<p>European rival Airbus reported no new orders in June&period;<br &sol;>&NewLine;Chicago-based Boeing&comma; a leading US exporter&comma; was struggling before the pandemic hit because of the grounding of the Max&comma; once its best-selling plane&comma; after two deadly crashes&period;<&sol;p>&NewLine;<p>Coronavirus has compounded the company’s problems by causing a deep slump in air travel that has left airlines around the world with too many planes&comma; not a need for more&period;<&sol;p>&NewLine;<p>American Airlines is demanding that Boeing help it find financing for 17 Max jets that the airline expected to receive at least a year ago&period;<&sol;p>&NewLine;<p>Last month&comma; Norwegian Air Shuttle announced that it plans to cancel its remaining order for 92 of the planes&comma; saying that it had not settled with Boeing over compensation for the grounding of its current Max jets&period;<&sol;p>&NewLine;<p>Boeing’s lone sale last month was a cargo jet ordered by FedEx&period;<&sol;p>&NewLine;<p>That compared with nine orders a year ago and 158 in June 2018&period;<br &sol;>&NewLine;So far this year&comma; Boeing has recorded 59 new orders&period;<&sol;p>&NewLine;<p>That figure is dwarfed&comma; however&comma; by 382 cancellations&comma; most of them abandoned orders for the Max&comma; and the downgrading of 323 other orders because of uncertainty about the deals going through&period;<&sol;p>&NewLine;<p>The company’s backlog of unfilled orders for passenger planes fell to 4&comma;552&comma; including 3&comma;595 for 737s&comma; a figure which includes both the Max and an older version of the plane called the NG&period;<&sol;p>&NewLine;<p>Boeing Co delivered 10 planes in June&comma; compared with 37 a year earlier&period;<&sol;p>&NewLine;<p>Chief financial officer Greg Smith said Boeing’s defence and other businesses &OpenCurlyDoubleQuote;will continue to provide some stability as we navigate through the pandemic and rebuild stronger on the other side”&period;<&sol;p>&NewLine;<p>Airbus was shut out for new orders&comma; but the European plane maker said it delivered 36 passenger jets in June&comma; including 31 of its A320neo jets&comma; which compete with the Max&period;<&sol;p>&NewLine;<p>Airbus said it ended June with a backlog of 7&comma;584 planes&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ecef033e628">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; &lbrack;&rsqb;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings&period;push&lpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;divId&colon; 'atatags-dynamic-belowpost-68ecef033e628'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;format&colon; 'belowpost'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; document&period;readyState &equals;&equals;&equals; 'loading' &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;document&period;addEventListener&lpar; 'DOMContentLoaded'&comma; window&period;getAdSnippetCallback &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; else &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback&lpar;&rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<&sol;script>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>


Discover more from London Glossy Post

Subscribe to get the latest posts sent to your email.

- Advertisement -
Exit mobile version