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737 Max crisis: Boeing sees lowest orders in decades

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Boeing has reported its worst annual orders in at least two decades - as it remains in crisis over its 737 Max model.

The company also said deliveries of its planes slumped to an 11-year low last year.

It means the US firm has lost its title as the world’s biggest plane maker to European rival Airbus.

The 737 Max has been grounded since March after two crashes in which 346 people were killed.

Boeing said net orders after cancellations for 2019 totalled just 54 planes. That compares with 893 the previous year.

At the same time deliveries fell by 53% to 380 planes, the lowest number since 2007.

The company last month halted production of what had been its best-selling commercial airliner.

The grounding of the 737 Max means it is impossible for the firm to deliver the planes to customers.

In comparison, Boeing’s main rival Airbus said earlier this month that it delivered a record 863 planes in 2019 and racked up a net 768 orders after cancellations.

Timeline: Boeing crashes

29 October 2018: A 737 Max 8 operated by Lion Air crashes after leaving Indonesia, killing all 189 people on board

31 January 2019: Boeing reports an order of 5,011 Max planes from 79 customers

10 March 2019: A 737 Max 8 operated by Ethiopian Airlines crashes, killing all 157 people on board

14 March 2019: Boeing grounds entire 737 Max aircraft fleet

Boeing’s new chief executive David Calhoun took the helm of the manufacturer on Monday.

Mr Calhoun said he is “confident in the future” of the firm, telling staff his “primary focus” will be returning the 737 Max to the skies.

He replaced Dennis Muilenburg, who was fired last month, in a move the company’s board said was necessary to “restore confidence” in Boeing.

The aviation industry is also feeling the pressure over fears of a global economic slowdown and the US-China trade war.

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By Laura Price

Laura is the senior writer and Smartphones section editor responsible for managing software updates and smartphones section. She is very passionate about Gadgets & Technology and always looking around to use them in an innovative way in daily life. She reviews Gadgets & Applications to tell users about their optimum use to get the most out of in which they’ve put their time and hard earned money.
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