Boeing failed to sell any commercial planes in January, extending a slump that has strained the company's finances since two deadly crashes grounded the best-selling 737 Max last year. While the month is typically slow for planemakers, following a year-end push to hit targets, Boeing delivered only 13 jets last month. Boeing has been losing ground to European rival Airbus as the US titan works with regulators to clear the Max to resume commercial service, a process the company expects to complete by midyear. Boeing has been losing ground to European rival Airbus. Boeing isn't allowed to deliver any Max aircraft until regulators lift the grounding, depressing its results.

Source: Stuff February 11, 2020 23:37 UTC