April was another rough month for Boeing orders and deliveries: -Commercial airplane orders: -209 -Commercial airplane deliveries: 6
The additional cancellations coupled with Boeing's move to take some orders off of its firm order tally, pushed the company's backlog down to 4,834 planes. Last month it had unfilled orders of 5,049 planes. Among the customers that canceled orders wasThe backlog is the smallest since 2013, but Boeing said in 2018 that it implemented new accounting procedures under which it can take some orders off the tally if a purchaser doesn't meet certain criteria.
The pandemic has posed the greatest threat to the air travel demand in recent memory, industry executives have said. While off the lows, U.S. air passenger traffic is down more than 90% from a year ago as shelter-in-place orders, work-from-home setups and concerns about the virus in general keep most potential travelers home.Calhoun told NBC's "TODAY" show in an interview that aired Tuesday that, but he didn't to go into specifics.
The pandemic is an additional problem for Boeing that was already struggling with the 737 Max crisis. Those planes have been grounded for the last 14 months worldwide after two fatal crashes — one in Indonesia in October 2018 and another in Ethiopia in March 2019 — killed all 346 aboard the two flights.
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Boeing CEO Warns A Major Airline Will ‘Most Likely’ Go Out Of Business This Year Because Of CoronavirusI am a breaking news reporter for Forbes in London, covering Europe and the U.S. Previously I was a news reporter for HuffPost UK, the Press Association and a night reporter at the Guardian. I studied Social Anthropology at the London School of Economics, where I was a writer and editor for one of the university’s global affairs magazines, the London Globalist. That led me to Goldsmiths, University of London, where I completed my M.A. in Journalism. Got a story? Get in touch at isabel.togohforbes.com, or follow me on Twitter bissieness. I look forward to hearing from you.
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