Press "Enter" to skip to content

Boeing Receives No Orders for 737 MAX in July While Total Deliveries Retreat to 19 Planes

Boeing (BA) on Tuesday said it received no orders for its grounded 737 MAX for in July, marking at least the third straight month without any commitments from airlines for the model.

The 737 MAX, which had been the Chicago-based planemaker’s best-selling model, was grounded by regulators around the world earlier this year after two deadly crashes in five months that killed 346 people in Indonesia and Ethiopia.

Investigators have said that an anti-stall system is thought be the cause of crashes. Boeing has been working on a software fix for the aircraft but it isn’t clear when the aircraft will return to service.

Boeing shares were up nearly 0.3% in early afternoon trading.

The company last month received 10 orders for the 777 and 21 for the 787 jetliners, up from five orders for each model in the previous July. It received 15 orders for the 737 MAX that month.

Boeing said it delivered 19 planes in July, 20 fewer than the year before as 737 deliveries dropped to two. The company delivered three 767s last month, up from one, and 12 787s, up from eight. Airlines took possession of two 777s, up from none last year. No 747s were delivered last month, down from one in July 2018.

Boeing last month said it swung to a second-quarter net loss as its results were weighed down by the grounding of the 737 MAX. It had said earlier in July that it would record an after-tax charge of $4.9 billion, or $8.74 per share, “in connection with an estimate of potential concessions and other considerations to customers for disruptions related to the 737 MAX grounding and associated delivery.”

The company said at the time that it was working “very closely” with the Federal Aviation Administration to return the 737 MAX to the skies.

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *