The 737 MAX accounted for nearly 70% of Boeing’s overall commercial aircraft deliveries, and 30% of its total operating profit.
Boeing (BA) stock fell nearly 3% yesterday following a report that sparked fears of further delays to the 737 MAX's return to the skies.
After falling 6.3% in July, Boeing (BA) stock made a strong comeback last month. The stock gained 6.7% in what was a highly volatile August.
Amid the ongoing crisis with Boeing's (BA) 737 MAX aircraft, the company won another major defense contract in August from the USAF.
Boeing (BA) stock fell 1.2% on Tuesday after a Russian aircraft leasing company filed a lawsuit to cancel orders for the troubled 737 MAX jets.
Boeing stock survived the market sell-off on August 23. It gained on the day in anticipation of its troubled 737 MAX jets flying once again in October.
Boeing (BA) has pushed back the delivery of yet another variant of its ultra-long-range 777X jets, Reuters reported on August 14.
Problems with 737 MAX planes have continued to impact Boeing’s commercial aircraft deliveries. Its commercial aircraft shipments plunged in July.
The worldwide flying ban on Boeing’s 737 MAX planes has entered its sixth month, hurting every airline that either owns or has ordered the model.