The US planemaker posted a total of 150 MAX cancellations in March, including 75 previously reported from Irish leasing company Avolon. Boeing did not identify which airlines or leasing companies had canceled the other 36 jet orders. The company said that 150 orders for 737 MAX jets were canceled in March, which is the most in a decade. Much of its production remains halted by stay-at-home orders where its factories are located in the United States and Europe, as it disclosed it only delivered 122 of the 182 planes it built in the quarter. As the airline companies grapple with the fallout of pandemic, they give a wide berth to receiving new aircraft.
Bahrain’s flag carrier, Gulf Air, cancelled an order for 4 Boeing 787-9 Dreamliner aircraft in mid-February. The company reported Tuesday that 60 orders were canceled in June, mostly by aircraft leasing companies. Lufthansa subsidiary SmartWings canceled five orders as the German airline recently announced plans to scale back its operations even after the crisis has passed. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. "This reflects customer requests to defer deliveries, as well as other factors related to the ongoing COVID-19 pandemic," Airbus said at that time. Disclaimer. One of the largest waves of cancelations came in June when Norwegian Air Shuttle sent a notification to the Boeing stating that the airline had terminated the purchase agreements of the remaining 92 Boeing 737 MAX. This week it is calling back to work 2,500 employees in Washington state to work on military aircraft, which it said have been deemed critical to national security. "We are working closely with our customers, many of whom are facing significant financial pressures, to review their fleet plans and make adjustments where appropriate," Boeing said in a statement. The coronavirus pandemic follows the grounding of the 737 MAX for over a year after 346 people were killed in two crashes less than six months apart.
All rights reserved. He said this current crisis is far more serious for Boeing than were its earlier troubles getting approval for the 737 Max to fly again. CEO Dave Calhoun told CNBC late last month that he was "hopeful" aircraft demand would start to recover in the second half of 2021. We've received your submission. All rights reserved. To that end it is offering.
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