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00:00:00
Boeing has reported zero new orders for eight seven three seven months since the worldwide grounding of what was once its fastest selling jets the world's largest playmaker now facing its worst crisis in history also reported disappointing orders and deliveries for the entire quarter on Tuesday total orders plunged by about time off of what it was last year on total deliveries would down nineteen percent the U. S. playmaker became embroiled in safety concerns after two plane crashes within just five months of each other killed a total of three hundred and forty six people it's still unclear when the seven three seven Max will be allowed to fly again it used to accounts for nearly Hoff of Boeing's deliveries the Goldman Sachs predicts no new deliveries at the model in the second quarter of twenty nineteen also on Tuesday Boeing's legal troubles grew as shareholders sued the company Boeing's market value tumbled by thirty four billion dollars within two weeks of the Ethiopia crash the new lawsuit accuses the playmaker FD fording shareholders by concealing shortcomings in safety according to the complaint Boeing quite effectively put profitability and growth ahead of airplane safety and honesty it accuses the company of rushing the seven three seven months into the markets to compete with its longtime rival Airbus a Boeing spokesman had no immediate comment the U. S. playmaker is still ahead of its European challenger Abbas reported last week and negative next order for the first three months of twenty nineteen after more than one hundred consolations for its at Croft