Boeing posts staggering 150 cancellations of 737 Max planes, deepening crisis as coronavirus roils travel [CNBC]
Boeing Company (The) (BA)
Last boeing company (the) earnings: 4/29 07:30 am
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Source: CNBC
An unpainted Boeing 737 MAX aircraft is seen parked in an aerial photo at Renton Municipal Airport near the Boeing Renton facility in Renton, Washington, U.S. July 1, 2019. Picture taken July 1, 2019.Lindsey Wassen | ReutersBoeing shares were down more than 3% shortly after the company posted the dismal figures, trading near session lows.The Chicago-based manufacturer on Tuesday posted 150 cancellations of its beleaguered 737 Max jets in March. Brazilian airline Gol canceled 34 of the narrow-body planes and leasing firm Avolon scrapped orders for 75 of them, a move it announced earlier this month. Net cancellations in the month totaled 119 thanks to 31 orders for wide-body passenger planes and military aircraft.That brought net cancellations for the first three months of the year to 307 planes, a sharp turnaround for a company that just over a year ago was aiming to increase output of its planes to meet strong demand.Boeing's airline customers are now facing the steepest drop in deman
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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