CHICAGO - Boeing logged orders for new freighter planes in May, but cancellations continued to outpace new business as the coronavirus roils the air travel industry, Leslie Josephs reports for CNBC. Continue reading original article.
The Intelligent Aerospace take:
June 10, 2020 - Boeing's commercial aviation wing continued to weather tough times last month as the Chicago-based aerospace giant reported nine aircraft orders against 18 cancellations. Boeing still has a backlog of 4,744 planes, however. In addition, Boeing received $3 billion in defense contracts in May, largely from Saudi Arabia's order for Harpoon missiles.
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Jamie Whitney, Associate Editor
Intelligent Aerospace
