EVERETT, WA (AP) – Boeing remains financially strained after more carriers recently cancelled their orders.
The company received only 4 new plane orders in May 2024. For the second straight month, no orders were placed for its best-selling 737 Max, as fallout continues from the blowout of a side panel on a Max during a flight in January.
Boeing delivered 24 jetliners in May, including 19 Max jets.
The dismal results followed poor figures for April, when Boeing reported seven sales- none of them for the Max. Boeing hopes that the slow pace of orders reflects a lull in sales before next month’s Farnborough International Airshow, where aircraft deals are often announced.
But the Federal Aviation Administration is capping Boeing’s production of 737s after allegations by whistleblowers that Boeing has taken shortcuts to produce planes more quickly.
Despite the slow pace of recent sales, Boeing still has a huge backlog of more than 5,600 orders.
