Boeing gets no new airline orders for the second consecutive month

Boeing had no orders for new airliners in October, its second consecutive month, and orders for 37 of its Max jets came off the books as the company continues to struggle with the grounding of the Max and a pandemic that has crippled the airline industry.

Boeing delivered 13 airliners last month, down from 20 in October 2019. The Chicago company depends on deliveries to generate cash flow.

Rival Airbus had a better month, booking 11 new orders and delivering 72 planes in October.

Both companies have been hurt by the pandemic which has caused air travel to plummet, leaving airlines in financial distress and with little need for new planes.

Read more

You may also like

Comments are closed.