January 18, 2021

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Boeing limps into 2021 with more 737 MAX cancellations, delayed 787 deliveries

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Boeing Co delivered about 60% fewer aircraft to customers in 2020 than 2019 and less than one-third the deliveries of rival Airbus, the lowest in 43 years, company data showed on Tuesday.

Tuesday’s snapshot of orders and deliveries caps a year in which the coronavirus pandemic and the tail-end of a 20-month 737 MAX grounding after fatal crashes prevented embattled airlines from adding new jets to their sidelined fleets.

Also, for a second month, Boeing handed over zero 787 Dreamliners to customers, as intensive inspections over recent production flaws compounded delays from the COVID-19 crisis.

Jet deliveries are being closely scrutinized by investors as they generate much-needed cash during the coronavirus crisis.

Overall, the U.S. planemaker delivered 39 planes to customers in December, including 27 737 MAX jets, one P-8 maritime patrol aircraft, and 11 widebodies.

The post Boeing limps into 2021 with more 737 MAX cancellations, delayed 787 deliveries appeared first on Defence News India.

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