Boeing 737 MAX orders stay positive for the second month in a row

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Boeing 737 MAX orders stay positive for the second month in a row

FILE PHOTO: Boeing 737 MAX 8 sits outside the hangar during a media tour of the Boeing 737 MAX at the Boeing plant in Renton, Washington.

On Tuesday, Boeing Co. said that it had 29 aircraft in March, up from 20 a year earlier, with the U.S. planemaker's net orders staying positive for the second straight month as airlines prepare for a recovery from the COVID-19 pandemic.

The company appears to be turning around after the coronavirus crisis caused airlines customers to cancel hundreds of jets on orders last year, resulting in one of Boeing's worst performance ever.

In February, Boeing turned positive for the first time in 14 months as COVID -19 vaccine rollouts boosted the confidence of its customers. What is the best way to describe a good old Spanish English.

The manufacturer said March it booked 196 gross orders of aircraft, all of them for its 737 family of jets. Net of cancellations and conversions, Boeing had 40 jet orders for its 737 aircraft last month.

Boeing announced its March gross orders include previously announced 100 737 MAX orders for Southwest and 24 737 MAX orders for private investment firm 777 Partners and 11 orders for P 8 military aircraft.

In March, Turkish Airlines upgraded 10 737 MAX jet orders and canceled 40 737 MAX jet orders to options.

Last month China's CDB Financial canceled 16 737 MAX orders and China Aircraft Leasing cancelled 26 737 MAX orders.

United Airlines and Alaska Air respectively recontracted nine and 25 737 MAX orders for earlier delivery positions last month.

In March, 19 737 MAX orders were cancelled by unidentified customers.

The first orders for Boeing were 282 airplanes. Net of cancellations and conversions, orders stood at 69 aircraft in the quarter. Adjusted for stricter accounting standards, Boeing's net orders 76 airplanes in the first quarter ended March were shipped.

Boeing's official backlog rose from 4041 orders in March to 4054 aircraft orders in February.

The company delivered a total of 77 aircraft in the first quarter, up from 50 a year earlier. Boeing resumed the Boeing 787 jet deliveries in late March after halting them for four months due to production defects.

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