UPDATE 2-Boeing 737 MAX cancellations pile up during production halt [Reuters]
Boeing Company (The) (BA)
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Source: Reuters
Boeing 737 MAX cancellations pile up during production halt (Reuters) - Boeing Co ( BA.N ) on Tuesday reported another 75 cancellations for its 737 MAX jetliner in March, as the coronavirus crisis worsened disruptions from the grounding of its best-selling jet. The U.S. planemaker posted a total of 150 MAX cancellations in March, including 75 previously reported from Irish leasing company Avolon. New cancellations came from buyers including 34 of 135 aircraft ordered by Brazil’s GOL ( GOLL4.SA ). GOL confirmed the 34 cancelled planes and said it reached agreement with Boeing on “cash compensation and changes to future orders and associated payment schedules.” “GOL remains fully committed to the 737 MAX as the core of its fleet and this agreement further enhances our successful long-term partnership with Boeing,” said GOL chief executive Paulo Kakinoff in a statement. GOL now has 95 remaining firm orders for 737 MAX aircraft. The cancellations come as Boeing seeks to untangle deliv
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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