Malaysia Airlines Suspends Delivery of Boeing MAX Jets
January 15 2020 - 1:49AM
Dow Jones News
By Ben Otto
Malaysia Airlines has suspended delivery of 25 Boeing Co. (BA)
737 MAX jets that were to begin joining its fleet this year, citing
the jet's prolonged global grounding following two fatal
crashes.
The Malaysian flag-carrier on Wednesday said it made the
decision "in view of the production stoppage and the delayed return
to service of the 737 MAX."
The carrier had placed an order in 2016 for the single-aisle
jets, with a list value of around $2.75 billion.
Chicago-based Boeing halted production of its best-selling plane
this month, having assembled around 40 planes monthly since the MAX
was grounded globally last March following two fatal crashes of the
aircraft.
On Tuesday, Boeing said its deliveries hit a 14-year low in
2019. The company brought in new orders for just 246 commercial
jets of all types, its lowest tally before cancellations and model
swaps since 2003.
Write to Ben Otto at ben.otto@wsj.com
(END) Dow Jones Newswires
January 15, 2020 01:34 ET (06:34 GMT)
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