Boeing 737 MAX cancellations pile up during production halt

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Boeing 737 MAX cancellations pile up during production halt
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Boeing Co on Tuesday reported another 75 cancellations for its 737 MAX jetliner in March, as the coronavirus crisis worsened disruptions from the grounding of its best-selling jet.

) on Tuesday reported another 75 cancellations for its 737 MAX jetliner in March, as the coronavirus crisis worsened disruptions from the grounding of its best-selling jet.

GOL confirmed the 34 cancelled planes and said it reached agreement with Boeing on “cash compensation and changes to future orders and associated payment schedules.” After further accounting adjustments representing jets ordered in previous years but now unlikely to be delivered, Boeing’s adjusted net orders sank to a negative 307 airplanes.

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