Boeing hit by 737 MAX cancellations
Boeing customers have cancelled orders for dozens of 737 MAX planes as a clouded travel outlook due to coronavirus adds to the jet’s woes, according to figures released Wednesday.
Shares of the aerospace giant dove further after it reported 43 cancellations for the MAX in 2020 as of the end of February in a monthly update on its website.
The company also experienced a big drop in plane deliveries, which stood at 30 at the end of February, compared with 95 in the year-ago period.
