Boeing customers cancel staggering 150 Max plane orders, deepening crisis as coronavirus roils air travel

April 14, 2020
The aircraft manufacturer has halted commercial aircraft production because of Covid-19, reports Leslie Josephs for CNBC.

CHICAGO - Boeing customers canceled a staggering number of 737 Max orders last month, deepening the crisis the company faces amid the coronavirus pandemic and the continued grounding of its bestselling plane after two fatal crashes, reports Leslie Josephs for CNBCContinue reading original article.

The Intelligent Aerospace take:

April 14, 2020 -Boeing announced today that 150 Max passenger aircraft orders were canceled in May, with leasing firm Avolon axing an order for 75, and Brazilian carrier Gol scrapping its order for 34. Josephs reports that Boeing has removed 307 aircraft from its order list through the first three months of the year.

“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. “At the same time, Boeing continues to adjust its order book to adapt to lower-than-planned 737 MAX production in the near term.”

Related: Boeing 737 MAX: wave of cancellations hits

Related: Boeing’s Max not likely to return until mid-2020 at the earliest

Related: The cost of the Boeing 737 Max crisis: $18.7 billion and counting

Jamie Whitney, Associate Editor
Intelligent Aerospace

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