Boeing sales tumble as the business receives no orders for the 737 Max for the next straight month

Boeing sales tumble as the business receives no orders for the 737 Max for the next straight month


Boeing 737 MAX airplanes are pictured outside the house a Boeing factory on March 25, 2024 in Renton, Washington.

Stephen Brashear | Getty Illustrations or photos

Boeing received orders for only 4 new planes in Might — and for the second straight thirty day period, none for its ideal-providing 737 Max, as fallout carries on from the blowout of a side panel on a Max throughout a flight in January.

The benefits produced Tuesday as opposed unfavorably with Europe’s Airbus, which noted orders for 27 new planes in May perhaps.

Boeing also observed Aerolineas Argentinas cancel an purchase for a one Max jet, bringing its web sales for the month to 3.

The dismal success followed inadequate figures for April, when Boeing documented seven revenue — none of them for the Max.

Boeing hopes that the slow speed of orders displays a lull in revenue just before subsequent month’s Farnborough Global Airshow, exactly where aircraft deals are typically introduced.

But the Federal Aviation Administration is capping Boeing’s manufacturing of 737s immediately after a doorway plug blew out from an Alaska Airlines Max, allegations by whistleblowers that Boeing has taken shortcuts to make planes far more quickly, and experiences of falsified inspection records on some 787 Dreamliner jets.

Boeing, primarily based in Arlington, Virginia, delivered 24 jetliners in Could, including 19 Max jets. Ireland’s Ryanair received 4 and Alaska Airways took 3. Airbus reported it delivered 53 planes past thirty day period.

Regardless of the sluggish tempo of modern product sales, Boeing nonetheless has a huge backlog of much more than 5,600 orders.



Resource

Taylor Swift’s engagement is such a big deal it’s moving the stock market. Here’s what’s moving
World

Taylor Swift’s engagement is such a big deal it’s moving the stock market. Here’s what’s moving

Tight end Travis Kelce, #87 of the Kansas City Chiefs, celebrates with Taylor Swift after the AFC championship football game against the Buffalo Bills, at GEHA Field at Arrowhead Stadium in Kansas City, Missouri, on Jan. 26, 2025. Brooke Sutton | Getty Images Sport | Getty Images Taylor Swift’s engagement announcement on Tuesday sparked the […]

Read More
Saudi Arabia wants to be world’s third-largest AI provider after the U.S. and China, Humain CEO says
World

Saudi Arabia wants to be world’s third-largest AI provider after the U.S. and China, Humain CEO says

Tareq Amin, CEO of Humain, and Jensen Huang, CEO of NVIDIA, attend the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia May 13, 2025. Hamad I Mohammed | Reuters Saudi Arabia is on the road to making data its new oil — if artificial intelligence and data center company Humain gets its way. The company, owned […]

Read More
MongoDB stock surges 30% after earnings as company touts customer growth boom
World

MongoDB stock surges 30% after earnings as company touts customer growth boom

MongoDB shares skyrocketed more than 30% on Wednesday after the database software company posted better-than-expected fiscal results and gave an upbeat forecast. Here’s how the company did in comparison with LSEG consensus: Earnings per share: $1.00 adjusted vs. 66 cents expected Revenue: $591 million vs. $556 million expected MongoDB’s revenue increased 24% from a year […]

Read More