BA Boeing Co

By WSJ City 

Boeing said it delivered 38% fewer planes in the first seven months of 2019 than a year ago -- falling further behind rival Airbus -- as the impact of grounding the 737 MAX jetliner weighs on the US plane maker.

KEY FACTS

   -- Boeing delivered 258 planes this year through July, down from 417 planes 
      in the same period a year earlier. 
 
   -- Airbus shipped 458 planes this year through July. 
 
   -- That puts Airbus on track to surpass Boeing this year as the world's 
      biggest aircraft manufacturer. 
 
   -- Boeing recorded a fifth straight month without any orders for the 737 
      MAX. 

Why This Matters

Boeing said it hopes the plane will resume flights in the fourth quarter, but some airlines and regulators have said they expect fixes to the plane's software will be ready for the plane to be cleared to fly again next year.

The prolonged grounding is starting to weigh on airlines and Boeing's suppliers as well. Southwest Airlines sped up its decision to stop flying at New Jersey's Newark Liberty International Airport because of the grounding of its MAX fleet, and makers of some plane parts have cut production.

A fuller story is available on WSJ.com

WSJ City: The news, the key facts and why it matters. Be deeply informed in less than five minutes. You can find more concise stories like this on the WSJ City app. Download now from the App Store or Google Play, or sign up to newsletters here http://www.wsj.com/newsletters?sub=356&mod=djemwsjcity

(END) Dow Jones Newswires

August 14, 2019 08:00 ET (12:00 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.