Boeing airliner deliveries falter amid 737 Max woes, falling 56% from last year

With the 737 Max jet still grounded after two deadly crashes, deliveries of new Boeing jets are falling far behind last year's pace......»»

The Chinese government said it would deliver the new jet amid reports that the country's three big airlines deferred deliveries on 111 Boeing and Airbus airplanes last year, but continued deliveries from its own jet maker......»»

Boeing lost 84 more orders than it won in the first 11 months of the year......»»

The jet maker's first-quarter earnings results were “less dire than expected,” one analyst said, as 737 Max deliveries slowed to a trickle in recent months amid a quality-control crisis......»»

Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accus.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

U.S. equity markets were under pressure Monday as Treasury yields ticked to their highest level in a year amid growing inflation worries.  .....»»

Chicago-based Boeing finished 2020 with 157 airplane deliveries, including planes handed over to cargo airlines and military customers. That was down from 380 deliveries in 2019. European rival Airbus finished the year wit.....»»

Planemaker Embraer said Tuesday it delivered just five commercial jets in the first quarter, less than half of what it delivered a year ago, blaming the drop on preparations for a deal with Boeing Co that fell apart last month......»»

Audi , a unit of Volkswagen , said on Thursday it saw deliveries, revenue and operating profit "significantly below" last year as the coronavirus outbreak plays out......»»

Shares of all 30 components of the Dow Jones Industrial Average are all falling in premarket trading Wednesday amid a broad stock market selloff, wit.....»»

Oil prices edge higher on Tuesday, after falling to the lowest level since 2002 amid a demand slump due to the coronavirus pandemic and a glut of supply thanks to a Russia-Saudi oil-price war......»»

U.S. oil prices rebounded sharply on Tuesday, after falling to the lowest level since 2002 amid a demand slump due to the coronavirus pandemic and a glut of supply thanks to a Russia-Saudi oil-price war......»»

Boeing Co's suppliers, already reeling from a 737 MAX grounding one year ago on Friday, face an even slimmer workload as flight cancellations spurred by the spreading coronavirus mean less airline demand for spare parts and services......»»

Boeing Co is freezing new hiring and overtime except in certain critical areas to preserve cash, the U.S. planemaker's CEO said on Wednesday, as the coronavirus outbreak compounds the fallout from a year-old grounding of its money-spinning 737 MAX......»»

Chinese electric vehicle, or EV, maker Nio Inc – ADR (NYSE: NIO) reported a decline in February deliveries Tuesday amid supply chain disruptions and caution among consumers in the wake of the COVID-19 outbreak. read more.....»»

Chinese electric-vehicle maker Nio Inc. saw its February deliveries slump relative to a year .....»»

U.S. Treasury yields are falling for a seventh straight session on Friday, extending a relentless slide that has taken government bond yields to new record lows amid expectations that the Federal Reserve will lower interest rates......»»

European holiday company TUI said it was expecting the grounding of the Boeing 737 MAX aircraft to cost it an additional 220 million euros to 245 million euros over its 2020 financial year, as the U.S. planemaker's woes continue to drag on profit......»»

"I think we would have hit 3%, but again, Boeing has had a big impact on our exports," Mnuchin said in an interview......»»