Just when you thought things could not get any worse for A&D giant Boeing (BA), more dispiriting news gets revealed.Last week, Boeing reported that another 60 MAX 737 orders were cancelled in June, bringing the yearly cancellation total to 373. Boeing has an additional 439 orders that are currently considered at risk.All in all, in the second quarter, Boeing delivered just 20 commercial aircrafts. While only 10 orders left the warehouse in June, the figure is still an improvement on the 4 delivered in May.Boeing will report 2Q20 results on July 29, and ahead of the print, Canaccord’s 5-star analyst …read more
Source:: Yahoo Finance
