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Keyword: boeingstock

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  • Boeing first-quarter deliveries and orders sink after 737 Max groundings

    04/10/2019 8:27:43 AM PDT · by ProtectOurFreedom · 16 replies
    CNBC ^ | 4/10/19 | Emma Newburger
    Boeing announced Tuesday that deliveries for all of its 737 jets fell to 89 in the first quarter, a dip from 132 last year. (-32%) The plane maker halted deliveries of its 737 Max following the global grounding of the jets that were implicated in two fatal crashes in Ethiopia and Indonesia that killed a total of 346 people. Total orders fell to 95 aircraft in the first quarter, a drop from 180 a year earlier. There were no new 737 Max orders in March. (-47%) Boeing announced Friday that it’s cutting production by 20 percent as it tries to...