Boeing Reports 60 Canceled Orders For The 737 Max In June

Boeing (BA) has revealed that a further 60 737 MAX orders were canceled in the month of June due to the fallout from the ongoing coronavirus pandemic, bringing the total 737 cancellations this year to 373. The troubled planemaker had already announced 47 of the June cancellations.According to Bloomberg, this figure did not account for Norwegian Air Shuttle ASA’s cancellation of all 97 of its remaining Boeing jets on order, as the deals have not yet been officially terminated. But the order backlog did exclude an additional 123 ‘orders in peril’ which could be called off.During June, Boeing delivered just …read more

Source:: Yahoo Finance