Max Crisis

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Boeing Reported No New Jet Orders in January

Boeing reported Tuesday no new plane orders in January and a drop in jet deliveries as the protracted grounding of the 737 MAX continued to weigh on the company.

The aerospace giant booked orders for 45 jets in January 2019, but none during that period this year.

Deliveries also fell to 13 in January 2020, compared with 46 in the year-ago period.Hence experiencing annual loss in more than two decades,forcing billions of dollars in settlements to carriers.

The company is targeting mid-2020 to win regulatory approval to resume flights on the MAX. “We are approaching a milestone, the certification flight is the next major milestone,” Dickson said.

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Author

Timothy Omondi