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Wednesday 15 May 2019

BOEING REPORTEDLY RECEIVED NO NEW ORDERS LAST MONTH, A TROUBLING SIGN FOR THE AVIATION GIANT AS IT TRIES TO REBOUND FROM 2 DEADLY 737 MAX CRASHES

  • Boeing reportedly received no new orders for planes in April, which could signal trouble for the company as it tries to rebound after a series of deadly crashes this year. 
  • According to CNN, the company issued a report on Tuesday which revealed that it did not receive any new orders for its 737 Max jets nor its other popular aircrafts like the 787 Dreamliner or the 777 last month. 
  • The airplane manufacturer's sales have slumped in the wake of the fatal Ethiopian Airlines crash which killed 157 people, and last year's Lion Air crash which killed 189 people . Both crashes involved 737 MAX planes. 
  • The company says it has lost at least $1 billion since the deadly crashes. 
Boeing received no new orders for planes in April, according to CNN, which could signal trouble for the company as it tries to rebound after two deadly crashes in less than a year.

The report follows Boeing's revelation in its first-quarter data that it did not receive any new orders for its troubled 737 Max planes in March , and also the decline in deliveries of all 737 models including the older 737-800.

According to CNN, the company said in a report released on Tuesday that it did not receive any new orders for its 737 Max jets nor its other popular aircrafts like the 787 Dreamliner or the 777 last month.

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