Boeing deliveries halved in first 11 months of 2019

Thursday, 12 December 2019 00:05 - - {{hitsCtrl.values.hits}}

Boeing 737 MAX

REUTERS: Boeing delivered less than half as many planes in the first 11 months of 2019 as in the same period a year earlier, the planemaker said on Tuesday, as it continued to struggle with the grounding of its best-selling 737 MAX jets.

Deliveries totalled 345 aircraft in the 11 months ended November, compared to 704 last year and were also less than half the number delivered by European rival Airbus in the same period.

Customers typically pay over the bulk of the money for a new jetliner on delivery, making it a crucial metric for the world's big two jetliner producers. The company did see a boost in orders around last month's Dubai airshow, bringing the number of orders net of cancellations or conversions this year to 56 at the end of November from 45 a month earlier.

After an accounting adjustment, Boeing's net total for orders this year improved marginally to -84 airplanes from -95 a month earlier.

The orders included what Boeing called a “conversion” by China Aircraft Leasing Group of 8 MAX orders into two 787 Dreamliners.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.