Boeing orders, deliveries tumble as Max jet is grounded
Orders and deliveries of Boeing’s 737 Max plunged in the first quarter as the plane was grounded around the world following a second deadly crash.
Boeing disclosed Tuesday that it received no new orders for the Max in March. It took 29 net orders for 737s in the first three months of the year, but it appeared that only 10 of those involved the Max, the latest version of Boeing’s best-selling plane. The buyers were not identified.
In the first quarter of last year, Boeing took 122 orders for 737s, including 112 for the Max, led by large orders from Southwest Airlines and Ireland’s Ryanair.
Boeing suspended Max deliveries in mid-March after regulators grounded the planes. First-quarter deliveries of all 737s including Max models fell to 89 from 132 in the similar period last year.
