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Stock impact report

Boeing customers cancel orders for 150 jets in March [CNNMoney.com]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: CNNMoney.com
Boeing customers cancel orders for 150 jets in March New York (CNN Business) Boeing customers canceled orders for 150 jets in March, as the virtual halt in demand for air travel caused the sharpest drop in demand in decades. The canceled orders were all for the 737 Max jets, the single aisle passenger plane that has been grounded since March 2019 in the wake of two fatal crashes that killed 346 people. Boeing has been struggling to find a fix for the safety system blamed for the crashes. But despite those troubles, the company suffered only a modest number of canceled orders until the coronavirus started decimating air travel earlier this year. According to tracking service Circium, there are now nearly 14,000 jets parked by airlines around the world, representing 63 of the global fleet. Boeing did report 31 orders for jets in March, but 18 of those are for military aircraft and one is a freighter for FedEx. The remaining 12 were an order from Japanese carrier ANA for the 787 D Show less Read more
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