Airlines have stopped buying Boeing 737 Max planes in the wake of the Ethiopian Airlines crash

Boeing
  • Airlines have stopped ordering Boeing 737 Max planes, according to the company’s first-quarter data released Tuesday, in a troubling sign for the future of its fastest-selling aeroplane.
  • The data indicated there were no new orders of the 737 Max in March.
  • Last week, Boeing announced it would reduce its production of 737 Max planes as it works to make safety changes following two fatal crashes involving the planes.
  • Visit BusinessInsider.com for more stories.

Airlines have stopped ordering Boeing 737 Max planes, according to company’s first-quarter data released Tuesday, in a troubling sign for the future of its fastest-selling aeroplane.

The data pointed to no new orders of the 737 Max in March.

It also showed a dip in deliveries of all 737 models – including the older 737-800 – which fell to 89 this year from 132 in the same period last year.

Boeing on Friday said it would reduce production of the 737 Max as it works to make safety changes, including updating the flight-control software, following two fatal crashes involving the model.

Consumers have distanced themselves from the 737 Max planes in the wake of the fatal crash of Ethiopian Airlines Flight 302 on March 10. It was the second crash involving a Boeing 737 Max plane since October, prompting more than 50 countries and airlines to ground the plane over safety concerns.

Initial findings from the Ethiopian Airlines crash are that faulty readings from the plane’s angle-of-attack sensor caused the anti-stall system, known as MCAS, to automatically push the plane’s nose down.

Boeing stocks took a tumble on Monday, days after the company acknowledged its role in the deadly crashes.

“We now know that the recent Lion Air Flight 610 and Ethiopian Airlines Flight 302 accidents were caused by a chain of events, with a common chain link being erroneous activation of the aircraft’s MCAS function,” the company’s statement said.

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