ZERO new orders for Boeing’s troubled 737 MAX after global groundings

Erika Holt
April 11, 2019

The company has even paid for its side of the story to appear at the top of Google searches - above critical news articles about the aircraft.

Boeing, the American aircraft maker of the 737 Max 8 planes involved in two fatal crashes in a five-month period, is hustling to salvage its reputation so passengers and air carriers will fly on those planes again.

Still, Boeing is ahead of its European rival Airbus, which last week said it had won 62 gross orders during the first three months of 2019 but some 120 cancellations left it with a negative net order. One involved the Indonesian low-priced airline, Lion Air, which crashed and killed 189 people, while the other crash happened on March 10 when an Ethiopian Airlines plane crashed, with 157 people on board perishing in the accident.

Boeing suspended Max deliveries in mid-March after regulators grounded the planes.

The Civil Aviation Administration of China will send experts to join the review committee to assess the security of Boeing's 737 MAX jets.

A 737 Max aircraft is examined at the Boeing factory in Renton, Wash., on March 27, 2019.

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The US government filed a similar claim that year over European subsidies to Airbus. "It will soon stop!" he wrote. The EU, however, has also accused the US of illegally subsidizing Boeing - the main rival of Airbus.

Chicago-based Boeing's first-quarter 737 deliveries tumbled about 33 percent, pushing total aircraft deliveries down 19 percent to 149 from a year earlier.

Deliveries are financially important because that is when planemakers receive the bulk of money from airlines' purchases.

The company is still working on the software update, which was delayed recently by several weeks because of the discovery of a second software problem.

Separately on Tuesday, American Airlines cut a key revenue estimate after cancelling 1,200 flights in the first quarter due to the grounding of its 24 Max jets.

American Airlines' share price fell by 2.8% to $32.94 in early trading.

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