Aerospace giant’s deliveries also slump to 380 jets, the lowest since 2005

Boeing Co. said deliveries and new orders for its jetliners hit their lowest point in more than a decade as the global grounding of the 737 MAX undermined the aerospace giant’s business.

The U.S. plane maker in 2019 handed over 380 aircraft, including military versions of its jetliners, a 14-year-low that compares with a record 863 deliveries by European rival Airbus SE. Boeing delivered 806 planes in 2018, a high for the company.

The Chicago-based company last year brought in new orders for 246 commercial jets of all types, its lowest tally before cancellations and model swaps since 2003.

Excerpt from WSJ
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