Boeing had another weak month for aircraft sales in May, taking orders for just four new planes. The company said Tuesday that it got no new orders for its best-selling jet, the 737 Max.
Boeing sales tumbled in May, with only 4 new plane orders and no orders for the 737 Max for the second straight month
This compares unfavorably to Airbus, which reported net orders for 15 planes in May
Boeing also saw Aerolineas Argentinas cancel an order for a single Max jet
Boeing's stock fell 3% in afternoon trading
The poor sales results follow weak figures in April, when Boeing reported 7 sales with none for the Max
Boeing hopes the slow pace reflects a lull before the upcoming Farnborough Airshow, but the company is facing issues like the FAA capping 737 production and allegations of production shortcuts and falsified inspection records
Despite the recent slow sales, Boeing still has a huge backlog of over 5,600 orders
No need to worry, following what the CEO of Boeing called a "quality escape" regarding a door falling off, Boeing is now just facing a profit and customer escape.
This shows that there must be actual problems with their aircraft though because airlines are not going to care about public attitude, due to the company's politics. But if they are genuinely unsafe vehicles or have the potential to be unsafe vehicles, then they'll stay away.
Yeah, yeah, but the executives that took the various decisions that made Boeing what it is now are even more millionaire than when they started at Boeing and will not see the inside of a jail cell, ever.
So we can all rest easy knowing that those we are constantly told are the most important people who deserve to be paid so much because of being risk takers and wealth creators, will be just fine, as if a few "nobody" whistleblowers had to be taken out, well, that's a price the trully important risk taking wealth creators were willing to pay.
The 737 Max is a garbage product they crashed and burned with their MCAS woes. They should give up the iconic product line and go all in on selling the safer 777 as its replacement. Yes, its built for a greater range, but the 777 hasn't been fucked with in terms of fail-deadly systems yet, and its the safest plane Boeing has in its fleet.
Boeing's customers are already out-ordering other models over the 737 Max, the decision is being made for them!
If they do nothing, Airbus will get enough orders to expand its factories and blow through its backlog.
This is the greed that was awesome for the fuckers profiting of cutting the costs of engineering....now we reap the benefits of losing a worldwide prominence in aviation because some scum from McDonald Douglass wanted to get rich...at American expense.
Interestingly enough, even if it would make sense that boeing is now fully focusing on improving quality, it also makes sense to me that airbus must be ensuring and pushing a lot of quality upgrades as well, it would be perfect marketing for them if no mistakes whatsoever happened on airbus's planes
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.
The dismal results followed poor figures for April, when Boeing reported seven sales — none of them for the Max.
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.
But the Federal Aviation Administration is capping Boeing’s production of 737s after a door plug blew out from an Alaska Airlines Max, allegations by whistleblowers that Boeing has taken shortcuts to produce planes more quickly, and reports of falsified inspection records on some 787 Dreamliner jets.
Boeing, based in Arlington, Virginia, delivered 24 jetliners in May, including 19 Max jets.
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Could it be a purposeful effort by foreign entities to discredit and dilute american corporate giants reputations by placing sympathetic people into positions that would bring that about?