Boeing Gets 150 Cancellations for 737 MAX Planes in March [TheStreet.com]
Boeing Company (The) (BA)
Last boeing company (the) earnings: 4/29 07:30 am
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Source: TheStreet.com
Boeing(BAGet ReportBoeing’s customers cancelled a mind-bending 150 orders for 737 MAX jets in March. The company said it delivered just five for the entire first quarter. The 737 MAX has been grounded since last year, after two accidents with 346 deaths.The company has stumbled repeatedly in its response to that crisis and now it’s getting hammered by the coronavirus pandemic, which has paralyzed air travel.Experts say CEO David Calhoun did the company no favor recently by threatening to turn down aid from the government if it insisted on an equity stake at the same time that other company officials were begging the government for assistance.As for the March 737 MAX cancellations, leasing firm Avolon accounted for 75 of them and Brazilian airline Gol for 34.Net jet cancellations for March totaled 119, as the 150 737 MAX cancellations were offset by 31 orders for wide-body passenger planes and military aircraft.Net cancellations for the entire first quarter totaled a whopping 307 plan
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BA
Earnings
- 10/29/25 - Miss
BA
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- BA's page on the SEC website