Boeing aircraft cancellations continue to outpace new orders

June 10, 2020
New plane orders were for freight aircraft while most of the cancellations were for the 737 Max, Leslie Josephs reports for CNBC.

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 CNBCContinue 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.

Related: Boeing resumes 737 MAX production

Related: Boeing extends suspension of Puget Sound production operations until further notice

Related: Queen of the skies: The Boeing 747 is playing a hero's role during Covid-19 crisis

Jamie Whitney, Associate Editor
Intelligent Aerospace

Voice your opinion!

To join the conversation, and become an exclusive member of Military Aerospace, create an account today!