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Boeing 737 MAX Deliveries Decline Drastically In April Amid Electrical Issue

By John F. Heerdink, Jr.

Boeing (BA) recently reported a major decline in the sale of 737 MAX jet deliveries for the month of April. Deliveries dropped to 4 in April from 19 in the previous month, as the aircraft struggles with an electrical problem that has re-grounded the aircraft. Boeing started delivering the 737 MAX airlines in December nearly after two years as the jet returned to service following a long ban.

The company said it delivered 17 airplanes in April in total, including nine 787 Dreamliners, two each 767s and 777-freighters, and four 737 MAX jets. The planemaker informed that the customers canceled 17 737 MAX airplane orders in April.

Dow 30 component Boeing (NYSE: BA) is the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space, and security systems. To learn more about Boeing (BA) and to track its ongoing progress please visit the Vista Partners Boeing (BA) Coverage Page.

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(Read Original Story: Boeing 737 MAX deliveries shrink to four planes in April due to electrical issue in Reuters)


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