Boeing Gets No Orders in April, Customers Cancel 737 MAX Jets

Boeing Co (BA) said that it did not receive a single order in April, while it was also grappling with 108 order cancelations for its grounded 737 MAX plane.Last month, the ailing plane maker delivered 6 planes adding up to a total of 56 in first four months of this year, which represents a 67% decline year-on-year, as air travel demand has been halted in an effort to contain the coronavirus pandemic.The planemaker’s stock dropped 2.7% to $125.22 in U.S. trading on Tuesday, taking its year-to-date plunge to more than 60%.The April cancellations of its 737 MAX jets were from …read more

Source:: Yahoo Finance

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