Canceled orders slow for Boeing - News Summed Up

Canceled orders slow for Boeing


New York (CNN Business) After three months of massive order cancellations for new jets, the bad news on canceled orders continued -- but slowed -- for Boeing in May. So it is relatively good news to have only 14 canceled orders for the Max, which has been grounded for more than a year following two fatal crashes that killed 346 people. Still, it was hardly a good month for Boeing. Last month, customers also canceled four cargo freighter jets , but those orders were basically changed to other freighter models or customers, as part of nine freighter orders posted in the month, one for, one for, and other customers that Boeing did not identify. Boeing also removed 77 jet orders from its backlog of more than 4,700 commercial jet orders.


Source: CNN June 09, 2020 15:11 UTC



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