Boeing's deliveries slump amid 737 MAX crisis
It's no secret that 2019 was a rough year for Boeing, and now the company has released the numbers that show just how bad it was.
Last year, the manufacturer delivered only 380 jets to airlines, down from 806 in 2018. The shortfall was in large part because the 737 MAX was its best-selling models, and deliveries have been on hold since March 2019, when global regulators grounded the narrowbody workhorse following two crashes that left 346 people dead.
Orders for new aircraft also hit a 16-year low in 2019, and The Associated Press noted Boeing saw some major order cancellations as airlines like India's Jet Airways went out of business.
Sign up for the free daily TPG newsletter for more airline news.
By deliveries, Boeing is now far behind its European rival Airbus, which handed off 863 jets to customers in 2019.
Boeing has paused production of the 737 MAX as it works to address a software issue suspected of contributing to both accidents involving the aircraft.
The troubled jet's saga has stretched into 2020, with a few major developments since the start of the year. First, Boeing reversed its long-held position that pilots should not need simulator training if they were certified to fly earlier versions of the 737. Then, a slew of internal communications were made public that called the company's safety culture into question. And, on Tuesday, American Airlines announced another new delay to its plans to return its MAX jets to service, joining United in saying that the plane would remain off schedules until June. Southwest Airlines currently projects its MAXes returning by April, but regulators have not announced any official timeline for re-certifying the jets.
TPG featured card
at Capital One's secure site
Terms & restrictions apply. See rates & fees.
| 5X miles | Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel |
| 2X miles | Earn unlimited 2X miles on every purchase, every day |
Pros
- Stellar welcome offer of 75,000 miles after spending $4,000 on purchases in the first three months from account opening. Plus, a $250 Capital One Travel credit to use in your first cardholder year upon account opening.
- You'll earn 2 miles per dollar on every purchase, which means you won't have to worry about memorizing bonus categories
- Rewards are versatile and can be redeemed for a statement credit or transferred to Capital One’s transfer partners
Cons
- Highest bonus-earning categories only on travel booked via Capital One Travel
- LIMITED-TIME OFFER: Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening - that’s equal to $1,000 in travel
- Earn unlimited 2X miles on every purchase, every day
- Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
- Miles won't expire for the life of the account and there's no limit to how many you can earn
- Receive up to a $120 credit for Global Entry or TSA PreCheck®
- Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
- Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
- Transfer your miles to your choice of 15+ travel loyalty programs
- Top rated mobile app


