By: Air Traveller PH Staff
American aircraft manufacturer Boeing did not receive a single aircraft order for the month of January 2020, the first time it happened again after 1962. Its highest selling and most popular aircraft, the 737 MAX, remains grounded after to fatal crashes in 2018 and 2019. Boeing also reported just delivering 13 aircraft to customers during the previous month.
Last year on the same month, Boeing secured a net order of 45 aircraft with 46 deliveries.
In a report from Reuters, Boeing saw its worst year in terms of orders as it struggled with the 737 MAX crisis after it was ordered to be grounded following the two fatal crashes involving the 737 MAX-8 aircraft. Investigators are pointing at the aircraft's Maneuvering Characteristics Augmentation System (MCAS) as the culprit of the fatal crashes. As a result, airlines are avoiding to order the 737 MAX until regulators have cleared the aircraft to operate once again.
This leaves Boeing trailing behind its main competitor and European aircraft manufacturer Airbus as it also faces huge financial loses.
Airlines have also been forced to pull out their respective Boeing 737 MAX from service until middle 2020 resulting to flight disruptions and cancellations.
Boeing has continued to push back delivery expectations until the aircraft can fly again resulting to undelivered aircraft to customers and getting paid for them. This resulted to billions of dollars in loses for both the manufacturer and its suppliers.
Until such time that the 737 MAX is cleared to return to service, Boeing's loses are expected to continue on an upward trajectory as the manufacturer compensates both its customers and suppliers as it fights lawsuits and pays the salaries of workers.