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09.10.2019

Boeing logs first MAX order since crash

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The company said it delivered 26 jetliners in September and won an order from an unidentified customer for a MAX to be used as a private jet.

The company also reports cancellations for 22 of its 787 Dreamliners

Stocks impacted: Boeing Co (BA)

Boeing deliveries fell 47 percent to 302 aircraft in the first nine months of 2019. Deliveries totaled 26 aircraft in September, down from 87 a year earlier. Boeing's net order tally - including cancellations - was a negative 84 for the first nine months of 2019. The company’s backlog of 787 Dreamliner orders was cut by 14 in September when Russian airline Aeroflot canceled its 2007 order for 22 Dreamliners. Boeing stocks fell 0.65% on Tuesday and could suffer further losses on Wednesday, especially amid further escalation in the US-China trade war.

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