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Old 12th Nov 2019, 21:14
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OldnGrounded
 
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Boeing orders sink as customers opt to swap MAX

(Reuters) - Boeing Co (BA.N) took 10 new plane orders last month, but saw some customers swapping the U.S. planemaker’s grounded 737 MAX planes in favor of more expensive wide-body planes as doubts lingered about the MAX’s return to service.

Net orders so far this year came to just 45 at the end of October, down from 56 in September, further widening the gap on sales this year with the company’s European rival Airbus SE (AIR.PA) which has now sold nearly 500 more planes.

After an accounting adjustment representing jets ordered in previous years, but now unlikely to be delivered, Boeing’s net total for orders this year sank to a negative 95 airplanes.

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