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Boeing Secures 737 Max Orders From Polish Charter Airline, Enter Air

By John F. Heerdink, Jr.

As per reports, Boeing (NYSE: BA) has secured its first order for its 737 Max planes since November from a Polish charter airline, Enter Air with an agreement to buy more. Enter Air and Boeing have also entered a settlement over the grounding of the 737 Max, which has remained grounded since March 2019 after two crashes killing 346 people. The terms of the deal remained undisclosed.

“We are humbled by Enter Air’s commitment to the Boeing 737 family,” said Ihssane Mounir, Boeing’s senior vice president of commercial sales and marketing, in a news release.

However, the deal won’t help Boeing fill in the dent with its troubles this year as cancellation of Boeing aircraft sales has exceeded new orders, as the aerospace giant has been dealing with a prolonged grounding of its 737 max aircraft and low air travel demand caused by coronavirus pandemic.

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: ‘Humbled’ Boeing scores first new 737 Max orders since November in CNBC)


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