Boeing has released its first quarter 2020 orders/deliveries, which includes more 737 MAX cancellations.
This was definitely not a great start to the year for Boeing, even pre-COVID-19.
150 Boeing 737 MAX orders were cancelled in March 2020:
- 75 Avolon Aerospace MAXs
- 34 Gol Linhas Aéreas 737 MAXs.
- 5 Smartwings
- 36 Undisclosed
The Gol cancellation was just revealed today. This will leave Gol with 101 737 MAX orders/deliveries remaining.
Previous known cancellations:
- 9x Air Canada 737 MAX 9s
- 10x Oman Air 737 MAX 8s
- 9x AerCap 737 MAXs
- 10x Japan Investment Adviser MAX 8s
- 1x Private MAX BBJ
To make things worse, Boeing had a net loss of 307 orders for the first quarter of 2020. This includes conversions and other contract agreements.
With COVID-19 also affecting Boeing’s production, getting the MAX’s back into the air may be a bigger problem.