This archive report was first published on 9 October 2019.
Published on October 9, 2019, Boeing reported a steep decline in commercial plane deliveries for the third quarter, with the company delivering 63 aircraft compared to 190 in the same period last year.
The decline is attributed to the grounding of the 737 MAX, which was taken out of service in mid-March following two deadly crashes that killed 346 people.
Boeing has trimmed production of the plane and been forced to store hundreds of new aircraft that cannot be delivered.
The company disclosed its first new order for a MAX jet since the grounding, a single plane to an unnamed "VIP" customer for a business jet.
Boeing's financial prospects have been severely impacted by the MAX grounding, with analysts projecting much lower 2019 profits for the company.
Regulatory approval for the 737 MAX to resume flights is still pending, with European aviation regulators expressing concerns over the jets' flight-control systems.
Boeing has maintained that it continues to work with regulators and is targeting regulatory approval for the 737 MAX return to service this quarter.
The company has also faced a lawsuit filed by the Southwest Airlines Pilots Association, which accused Boeing of "deliberately misleading" them over the safety of the 737 MAX.
