BUSINESS Boeing gets another setback

BUSINESS

Boeing gets another setback

AP

06:08, April 18, 2020

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(Photo: CGTN)

Boeing suffered another setback over its 737 Max on Friday, as General Electric Co.’s aircraft-leasing arm canceled an order for 69 of the planes, which have been grounded for more than a year after two crashes. GE Capital Aviation Services referred to less need for planes by airline customers. Nearly two-thirds of the world’s passenger planes are grounded because of a sharp drop in travel during the coronavirus pandemic, and Boeing removed about 300 Max jets from its order book last month.


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