Boeing orders see first positive monthly gain since November 2019

CNBC Television published this video item, entitled “Boeing orders see first positive monthly gain since November 2019” – below is their description.

CNBC’s Phil LeBeau reports on Boeing’s February orders and deliveries numbers. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

Boeing sold 82 aircraft in February and logged 51 cancellations, marking the first time since November 2019 that monthly sales outpaced scrapped orders.

The Covid-19 pandemic continues to weigh on sales of new planes as airlines largely try to conserve cash wherever they can. Some carriers, however, are starting to prepare for a recovery in travel demand by buying new planes.

Boeing’s February sales included 25 Boeing 737 Max planes to United Airlines and 27 KC-46 tankers. The Chicago-based aircraft manufacturer posted 51 cancellations, including 32 Max planes. Singapore Airlines replaced an order for 19 787-10 Dreamliners with one for 11 777X jets, Boeing’s long-delayed new plane. The company expects that twin-aisle, long-range jet to enter commercial service in late 2023.

Boeing’s backlog now stands at 4,041 planes.

Boeing delivered 22 aircraft last month, including 18 737 Max planes. The Federal Aviation Administration in November cleared the jets to fly again after a 20-month grounding that followed two deadly crashes. Most other aviation regulators have followed suit, allowing Boeing to resume deliveries of the more than 3,000 Max planes it has had on backorder.

» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision

» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC

» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: https://www.cnbc.com/2020/09/29/the-news-with-shepard-smith-podcast.html?__source=youtube%7Cshepsmith%7Cpodcast

Connect with CNBC News Online

Get the latest news: http://www.cnbc.com/

Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC

Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC

Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC

Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC

https://www.cnbc.com/select/best-credit-cards/

#CNBC

#CNBCTV

CNBC Television YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - CNBC Television

CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States.

Recent from CNBC Television:

The narrative behind big tech is 'very strong', they are must own stocks, says laffer tengler ceo 1

The narrative behind Big Tech is ‘very strong’, they are must own stocks, says Laffer Tengler CEO

The Biden campaign can’t fix messaging around age, says Mick Mulvaney

Last Call panel weighs in on Sports Illustrated laying off entire staff

In This Story: Boeing

The Boeing Company (LON: BOE) is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product support services.

3 Recent Items: Boeing

Cargo plane makes emergency landing

Flames seen as cargo plane makes emergency landing at Miami airport

Trump Predicts His Landslide Win in 2024, Boeing 747 Catches Fire | The Tonight Show

In This Story: COVID-19

Covid-19 is the official WHO name given to the novel coronavirus which broke out in late 2019 and began to spread in the early months of 2020.

Symptoms of coronavirus

The main symptoms of coronavirus are:

  • a persistent new cough (non productive, dry)
  • a high temperature (e.g. head feels warm to the touch)
  • shortness of breath (if this is abnormal for the individual, or increased)

Latest News about Covid-19

Below are stories from around the globe related to the 2020 outbreak of novel Coronavirus – since the WHO gave the Covid-19 naming. Most recent items are posted nearest the top.

5 Recent Items: COVID-19

Global National: Jan. 19, 2024 | Health data shows influenza, COVID-19 cases decreasing in Canada

Stock market today: Dow, S&P 500 hit record highs as tech stocks soar | January 19, 2024

Stock market today: Stocks climb with techs ready to roar | January 19, 2023

Dr Anthony Fauci ‘became part of the problem’ when it came to the spread of Covid misinformation

WEF summit: Canada warns of future supply shocks amid global instability

In This Story: Singapore

Singapore, officially the Republic of Singapore, is a sovereign island city-state in maritime Southeast Asia.

The country’s territory is composed of one main island, 63 satellite islands and islets, and one outlying islet, the combined area of which has increased by 25% since the country’s independence as a result of extensive land reclamation projects. It has the second greatest population density in the world. The country has almost 5.7 million residents, 61% (3.4 million) of whom are Singaporean citizens. There are four official languages of Singapore: English, Malay, Chinese, and Tamil; with English being the lingua franca.

2 Recent Items: Singapore

Watch live: Financial leaders discuss the future of the world’s economy at Davos 2024

Singapore Minister Quits After Biggest Graft Case Since 1986

In This Story: United Airlines

United Airlines, Inc. is a major American airline headquartered at Willis Tower in Chicago, Illinois. United operates a large domestic and international route network spanning cities large and small across the United States and all six continents.

5 Recent Items: United Airlines

Why United Airlines Invested $1 Billion In Denver Airport

Alaska Airlines Gives Passengers $1500 After Incident, Tesla Issues Massive Recall | Tonight Show

Boeing MAX jets grounded for checks after emergency | DW News

iPhone Survives 16,000-Foot Fall From Alaska Air Flight

What Caused the Boeing 737 Max 9 Midair Blowout?

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.