Next week is also the Paris Air Show, the key industry trade show for the year, at which Boeing and rival Airbus typically like to announce orders. So May is often a slower month for new orders.
Yet Boeing booked orders for 43 jets in May of 2018, ahead of that year’s Paris Air Show. And 21 of those orders were for the 737 Max.
“Due to the airline’s current status, we have canceled the contractual agreements for those airplanes,” Boeing said in a statement on Tuesday.
The 737 Max grounding has also halted deliveries of that plane, and it cut deeply into Boeing’s overall deliveries last month. Boeing gets most of its cash from the sale of planes at the time of delivery, so the grounding is hurting its bottom line.
Boeing delivered just 30 commercial jets in May, including eight older-version 737 planes. A year ago it delivered 68 jets in May, including 19 of the 737 Max, as well as 28 of the older versions of the jet.