CHICAGO — With the 737 Max jet still grounded after two deadly crashes, deliveries of new Boeing jets are falling far behind last year’s pace.
Boeing said Tuesday that it delivered 30 commercial airliners in May, down 56 percent from the 68 it made in May 2018. Deliveries of 737s fell from 47 a year ago to eight last month. All eight were an older model of 737, call the NG.
Boeing is still building Max jets, but they are being parked for now.
The Chicago-based company has 4,550 unfilled orders for the Max but stopped deliveries after regulators around the world grounded the plane following crashes in Indonesia and Ethiopia that killed 346 people. It’s working on changes to flight-control software implicated in the crashes.
Shares of Boeing fell $4.47, or 1.3 percent, to close at $349.33 on Tuesday. They have dropped 21 percent since early March, shortly before the second Max crash.