Workers stand near a Boeing 737 Max airplane parked at Renton Municipal Airport on Nov. 18, next to the Boeing assembly facility in Renton. (AP Photo/Ted S. Warren, file)

Workers stand near a Boeing 737 Max airplane parked at Renton Municipal Airport on Nov. 18, next to the Boeing assembly facility in Renton. (AP Photo/Ted S. Warren, file)

Boeing suffers more canceled orders for its 737 Max plane

Brazilian airline Gol plans to operate the first Max flight with paying passengers since March 2019.

Associated Press

Boeing Co. reported more cancellations for its 737 Max jet, which this week is scheduled to carry paying passengers for the first time since the planes were grounded 21 months ago after two deadly crashes.

Boeing said orders for 88 of the planes were canceled in November, pushing the total to 536 for the year.

The company reported 27 orders for the plane, although 25 were a new order by Virgin Australia that replaced an earlier, larger order for 48 Max jets. The November figures don’t include Irish carrier Ryanair’s announcement last week that it will order 75 more Max jets.

Boeing said it delivered seven commercial jets during November, mostly cargo planes to UPS, FedEx, DHL and others.

Shares of Chicago-based Boeing were down 1% in late-morning trading. They closed Monday down 27% for the year to date, but they have been rising since early November on expectation that the Federal Aviation Administration would let the Max fly again. The FAA issued an ungrounding order on Nov. 18 that laid out required steps for airlines to resume using the plane, which was grounded in March 2019 after two crashes that killed 346 people.

Later this week, Brazilian airline Gol plans to operate the first flight on a Max with paying passengers since the grounding. American Airlines plans the first U.S. flight on Dec. 29.

On Monday, UBS raised its rating on the shares to “Buy,” saying that the availability of a vaccine for COVID-19 will help air travel — and demand for airliners — grow faster than expected.

Talk to us

More in Herald Business Journal

FILE - In this file photo dated Monday, March 11, 2019, rescuers work at the scene of an Ethiopian Airlines plane crash south of Addis Ababa, Ethiopia.  The number of deaths in major air crashes around the globe fell by more than half in 2019 according to a report released Wednesday Jan. 1, 2020, by the aviation consultancy To70, revealing the worst crash for the year was an Ethiopian Airlines Boeing 737 MAX on March 10 that lost 157 lives. (AP Photo/Mulugeta Ayene, FILE)
Former Boeing test pilot pleads not guilty in 737 Max case

He’s the first person to be charged with a crime in connection with the Indonesia and Ethiopia crashes.

Top (L-R): Kim Daughtry, Steve Ewing. Bottom (L-R): Gary Petershagen, Marcus Tageant.
Developers court Lake Stevens council incumbents with over $20K

Over half of the campaign dollars for four candidates came from people tied to real estate or property development.

People hold signs in protest of the vaccine mandate after Boeing announced it would terminate workers who do not comply on Friday, Oct. 15, 2021 in Everett, Wa. (Olivia Vanni / The Herald)
Some Boeing workers protest in Everett over vaccine mandate

The Boeing Company announced earlier this week that its workers must be vaccinated by Dec. 8.

FILE - In this March 14, 2019 file photo, Ethiopian relatives of crash victims mourn at the scene where the Ethiopian Airlines Boeing 737 Max 8 crashed shortly after takeoff killing all 157 on board, near Bishoftu, south-east of Addis Ababa, in Ethiopia. Relatives of some of the passengers who died in the crash will mark the two-year anniversary of the disaster on Wednesday, March 10, 2021, by seeking a reversal of government orders that let Boeing 737 Max jets fly again.  (AP Photo/Mulugeta Ayene, File)
Boeing pilot involved in Max testing is indicted in Texas

He’s accused of giving the FAA false information about systems that played a role in two deadly crashes.

Traffic drives in view of a massive Boeing Co. production plant, where images of jets decorate the hangar doors, Friday, April 23, 2021, in Everett, Wash. (AP Photo/Elaine Thompson)
Boeing says workers must get the COVID vaccine by Dec. 8

“Compliance with these requirements is a condition of employment,” says an internal company presentation.

The Boeing 737 Max 10 airplane landing at Boeing Field in Seattle on June 18. (Chona Kasinger / Bloomberg)
Boeing ramps up 737 Max but 787 deliveries are still blocked

Boeing last month maintained its steady trickle of sales as it navigates the aviation downturn.

A handful of Northwest Union Carpenter members picket in front of the new Marysville civic center construction site on the sixth day of a region wide union carpenter strike on Wednesday, Sept. 22, 2021 in Marysville, Wa. (Olivia Vanni / The Herald)
Carpenters strike ends with new contract and a $10 raise

Roughly 500 union members were working on projects in Snohomish County. It was among the largest strikes in 18 years.

FILE - In this March 20, 2020, file photo, the Amazon campus outside the company headquarters in Seattle sits nearly deserted on an otherwise sunny and warm afternoon. Amazon said Monday, Oct. 11, 2021 it will allow many tech and corporate workers to continue working remotely indefinitely, as long as they can commute to the office when necessary. (AP Photo/Elaine Thompson, File)
Amazon to allow employees to work remotely indefinitely

Although most cannot work remotely because their duties include grabbing orders and delivering them.

With new owners demanding the Grand Apartments' longtime residents leave, Stephen Teixeira, 52, documents issues at the Rockefeller Avenue building, on Thursday, Oct. 7, 2021 in Everett, Washington.  (Andy Bronson / The Herald)
Life at the Grand Apartments in Everett is now a ‘nightmare’

Longtime residents say the new owner, an investment company, is trying to bully them out of the building.

Bob Martin, 80, owner of the The Stag Barber and Styling in Snohomish. (Andrea Brown / The Herald)
$90,000 fine doesn’t stop defiant Snohomish barber

Bob Martin appealed a state penalty for ignoring coronavirus rules and lost. It has not cut into his business.

A handful of Northwest Union Carpenter members picket in front of the new Marysville civic center construction site on the sixth day of a region wide union carpenter strike on Wednesday, Sept. 22, 2021 in Marysville, Wa. (Olivia Vanni / The Herald)
Carpenters union strikes a deal, and members are set to vote

Workers are back on the job with a tentative agreement that includes a 15.43% raise over three years.

Ryan Welch, a produce clerk, restocks grapes at the Sno-Isle Food Co-op on Friday, Sept. 17, 2021 in Everett, Wa. (Olivia Vanni / The Herald)
Everett’s Sno-Isle Food Co-op approaches its 25th anniversary

The enterprise hopes to add more square footage and more classroom space to the store on Grand Avenue.