Daily Management Review

Boeing shipments fall by 38% in 2019


In January-July, Boeing reduced supply of passenger aircraft by 38% compared with the same period in 2018, follows from the company’s data. The number of goods sold decreased from 417 to 258.

Global Panorama via flickr
Global Panorama via flickr
The decrease can mainly be explained by refusal of airlines to buy Boeing 737 MAX aircraft. The company has not received orders for the production of aircraft for the fifth month in a row.

Recall, on October 29, 2018, the Lion Air Boeing 737 MAX crashed near Jakarta, killing all 189 people on board. On March 10, 2019, Ethiopian Airlines Boeing 737 MAX crashed while flying from Ethiopia to Kenya. All passengers and crew (157 people) also became victims.

After that, the flights of the Boeing 737 MAX were temporarily suspended around the world. Boeing vice president Eric Lindblad, responsible for the release of 737 MAX, has resigned. More than 400 pilots filed a class action lawsuit against Boeing. They said the company hid the flaws in the 737 MAX system from them.

source: bloomberg.com