Boeing sales tumble as the company gets no orders for the 737 Max for the second straight month
The Peninsula
Doha: Boeing received orders for only four new planes in May and for the second straight month, none for its best selling 737 Max, as fallout contin...
Doha: Boeing received orders for only four new planes in May - and for the second straight month, none for its best-selling 737 Max, as fallout continues from the blowout of a side panel on a Max during a flight in January.
The results released Tuesday compared unfavorably with Europe's Airbus, which reported net orders for 15 planes in May - 27 sales but 12 cancellations.
Boeing also saw Aerolineas Argentinas cancel an order for a single Max jet, bringing its net sales for the month to three.
Shares of The Boeing Co. fell 3% in afternoon trading.
The dismal results followed poor figures for April, when Boeing reported seven sales - none of them for the Max.