Embattled US aircraft manufacturing company Boeing is not off to a good start for the new year as reports have revealed that it has received zero orders for its aircraft for the month of January. The lack of any orders for its products come as the company continues to struggle amid in the ongoing grounding of its 737 Max jets following the two fatal crashes that killed 346 crew members and passengers.
The lack of any new orders for its products put it way behind its closest rival, European aircraft manufacturer Airbus. Unlike Boeing, Airbus reportedly received a staggering 274 orders for its commercial airplanes during the month of January.
Since the grounding of its planes in March last year, Boeing has been receiving declining orders and dozens of cancellations for already standing orders. On top of legal costs and other litigation expenses, the company has reportedly lost billions of dollars as a direct result of the crashes and the groundings.
Last year, Boeing reported a negative order rate, the first time for the 103-year-old company in decades. After aviation regulators found that the two crashes were caused by software issues in Boeing's 737 aircraft's autopilot systems, customers awaiting delivery immediately canceled or converted their orders.
Despite having no new orders for the month of January, Boeing still had some factors going for it during the first month of the year. For one, the company reportedly did not receive any new cancellations for the particular month. Boeing also reportedly delivered 13 new airplanes to companies that ordered other products. Boeing reportedly delivered six 787 Dreamliners, three 737 NGs, Two 767s, and two 777s.
Due to the ongoing grounding, Boeing did not deliver any new 737 Max models, despite it claiming that it had already fixed the software issue in its autopilot system. This is likely understandable as aviation regulators in its major markets, such as Europe and the United States, have yet to give the green light for the planes to return to the air.
Boeing previously stated that it expects its 737 aircraft to be certified to fly again by the middle of 2020. However, regulators have yet to announce a specific timeframe for the conclusion of their certification review. FAA head, Steve Dickson, has stated that the progress of Boeing's efforts to remedy the issues with its products is encouraging. On Tuesday, Dickson mentioned during the Singapore Air Show, that Boeing could receive its long-awaited certification within the next few weeks.