Boeing orders sink as customers opt to swap MAX

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Boeing orders sink as customers opt to swap MAX
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Boeing Co took 10 new plane orders last month, but saw some customers swapping t...

) took 10 new plane orders last month, but saw some customers swapping the U.S. planemaker’s grounded 737 MAX planes in favor of more expensive wide-body planes as doubts lingered about the MAX’s return to service.

After an accounting adjustment representing jets ordered in previous years, but now unlikely to be delivered, Boeing’s net total for orders this year sank to a negative 95 airplanes. Though several airlines have taken the MAX out of their flying schedule till March next year, Boeing on Monday indicated it expects U.S. regulators to approve the return to commercial service of the jet in the coming weeks, allowing it to possibly begin deliveries of the grounded planes next month.Boeing’s orders and deliveries have lagged Airbus this year due to the prolonged grounding of its best-selling MAX jets following two fatal crashes that have killed hundreds of people.

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