Boeing sales tumble as the company gets no orders for the 737 Max for the second straight month

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Earnings News

Boeing Co,Business News

The results released Tuesday compared unfavorably with Europe's Airbus, which reported orders for 27 new planes in May.

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

Boeing also saw Aerolineas Argentinas cancel an order for a single Max jet, bringing its net sales for the month to three. Boeing hopes that the slow pace of orders reflects a lull in sales before next month's Farnborough International Airshow, where aircraft deals are often announced.

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Boeing sales tumble as company gets no orders for 737 MAX for 2nd straight monthThe results released Tuesday compared unfavorably with Europe's Airbus, which reported net orders for 15 planes in May — 27 sales but 12 cancellations.
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