Boeing Faces Continued Decline in Plane Orders and Deliveries
Safety concerns and regulatory scrutiny impact Boeing's 737 Max and 787 Dreamliner production and sales.
Overview
- Boeing reported only four new plane orders in May, none for the 737 Max.
- The company delivered 24 jets last month, down from 50 a year ago.
- Safety issues, including a mid-flight fuselage blowout, have led to regulatory investigations.
- Boeing's stock has dropped nearly 30% this year, reflecting ongoing challenges.
- Competitor Airbus received orders for 27 planes and delivered 53 in May.