Boeing Orders Slip Below 5,000 On MAX Cancellations

The aerospace giant scrubbed another 108 MAX jets from its backlog and downgraded the status of deals for another 101 planes

For the first time in seven years Boeing Co. have gone under 5,000 in customer orders and all due to the coronavirus pandemic outbreak which have taken a significant toll in the airline industry. Although, hopefully in the soon future airline services will be back and running there will a great change into the airline business for a long period of time. Maybe causing smaller airline companies to have to shut down or decrease their products. There will also be a lot of protocols being asserted that will assure the safety of the people wanting to travel. Boeing isn't the only company facing a crisis at this time as their rival Airbus SE is also facing challenges with financial crisis and both are predicted to face more cancelations. There has been an aid that airline will receive during this time because of the sudden drop in the economy. Even many airline companies that have contracts in place have been either cut or terminated for the time being because a lot of corporations have had to cut their expenses.

https://www.wsj.com/articles/boeing-orders-slip-below-5-000-on-max-cancellations-11589295600?mod=business_lead_pos4