According to CNBC News, Boeing ended the year with negative commercial aircraft orders for the first time in decades. At the end of 2019, the aerospace giant lost orders for 87 aircraft, which means it had more cancellations than new orders.
The high rate of cancellation is the latest sign that the crisis surrounding the 737 Max – the aircraft involved in two fatal accidents that killed 346 people – continues to affect Boeing's bottom line. Its order book for troubled jets hit 183 aircraft, though most of it had to go through bankruptcy, such as overseas airlines, such as India's Jet Airways and Vietnam's Vietnam. But thanks to the ongoing problems caused by the 737 being more certified, there was not enough demand for damages.
According to CNN, orders for 737 models dropped 90 percent over the year. After grounding in mid-March, Boeing barely had valid orders for the Max, but other models also experienced a 29 percent reduction in new orders.
During the year, orders for 737 models dropped by 90%
Meanwhile, US Airlines extended its cancellation for the 737 Max to 4 June, after first targeting April 7. The carrier has pushed history too many times as Boeing continues to seek approval from regulators to green light the 737 Max.
The Federal Aviation Administration ordered the groundbreaking of all Boeing 737 Max jets after two fatal accidents in October 2018 and March 2019. Both accidents are linked to a piece of software that Boeing installed on the 737 Max. What was known as the system for maneuvering features. Or MCAS.
The latest storm to envelope the company added internal messages in which Boeing employees discussed these issues with the 737 Max, calling the companies "completely unacceptable." In chats and e-mails issued by congressional investigators, employees mocked regulators and urged them to tell their family members to fly 737 Max, and to interact with FAA officials to cover up As described.
The messages describe how Boeing tried to reduce the amount of simulator training required by the FAA to confirm pilots for the 737 Max. Last week, the company said it would recommend simulator training for pilots of its 737 Max Jet planes after stating that such training was unnecessary.
Boeing originally sold 737 Max Carriers on the promise that they would not have to pay to train those pilots on simulators, which could be costly for airlines. Instead, the pilot, who had the credentials to fly 737 Next Generation planes, made a brief trip to the iPad to fly on the Mac, according to the New York Times.