Aircraft production down 24% globally after Boeing 737 Max crashes
Aerospace lobby group slashes 2019 deliveries forecast and says prospect of no-deal Brexit making things worse
Global aircraft production has fallen by a quarter after the grounding of Boeing’s 737 Max jet following two fatal accidents.
ADS, the British aerospace lobby group, said 88 aircraft were delivered in July, down 24% on the same month a year ago, with the fall largely due to the slump in production of single-aisled planes such as the 737. The number of aircraft delivered in the year to date has now reached 716 but that is more than 11% lower than in 2018.Continue reading...