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Boeing Jet Deliveries Sink To Four In May - Canceled Another 18 Planes Last Month, Including 14 MAX
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June 10, 2020 - by Eric M. Johnson, Rachit Vats for reuters.com
deliveries slowed even further in May from April as the coronavirus pandemic's crushing impact on airlines added to a year of crisis following the grounding of its 737 MAX planes, company data showed on Tuesday.
The U.S. planemaker said it handed over just four planes in May, down from the six it delivered in April, its lowest total for the month in six decades and about 87% fewer than it delivered to customers at the same time a year ago.
Deliveries are financially important to planemakers because airlines pay most of the purchase price when they actually receive the plane.
Customers also canceled...
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