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Wednesday
June 2020
7:02 AM IST
News Headlines
Competitive sports resume in England after 75-day shutdown        Amit, Vikas nominated for Khel Ratna by BFI; 3 names for Arjuna        Indian manufacturing output falls further in May, rate of job cuts accelerates: PMI        Sensex, Nifty spurt over 2 pc as India begins to unlock economy        Violent protests engulf US, thousands arrested and nearly 40 cities under curfew        Hong Kong blocks Tiananmen vigil; rush on for UK passports        Depression in Arabian Sea to intensify into severe cyclonic storm; will impact Mumbai        Deferred due to coronavirus, elections to 18 RS seats to be held on June 19: EC        Cabinet decisions will bring positive changes in lives of farmers, labourers, workers: PM        COVID-19: India now seventh worst-hit country in world        Mercury plummets as rain lashes Haryana and Punjab        New biography on PM Modi released        Oman reports 1,014 new COVID-19 cases, 11,437 in total        SpaceX Nasa Mission: Astronauts on historic mission enter space station        Woman dies of COVID-19 in Kerala, toll rises to ten; 61 new cases reported        DINGKO Cancer-stricken boxing hero Dingko Singh tests positive for COVID-19        As Lockdown-4 ends, home ministry issues guidelines for ''Unlock-1'' from June 8        COVID-19 tally in Kerala rises to 1,208, 7 Pilots and cabin crew, among 58 infected        Locusts in TN local grasshopper species, pose no threat, says govt        Delhi-Moscow AI flight returns midway after pilot found COVID-19 positive        
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International News
Boeing falls behind Airbus in deliveries as 737 MAX crisis bites
 
New York: Airbus is on track to overtake Boeing in commercial plane deliveries for 2019 after outpacing its US rival at mid-year following the 737 MAX grounding, according to data released Tuesday.

Boeing, which has halted deliveries of the top-selling plane since mid-March, reported 239 commercial plane deliveries in 2019 through the year's midpoint, down 37 percent from the year-ago period.

Airbus reported 389 deliveries for the same period, up 28 percent from the same period in 2018, according to data on its website.

If the numbers hold throughout the year, Airbus could replace Boeing as the world's largest aircraft maker.

Boeing's big decline in deliveries confirms the extent to which the 737 MAX crisis has dented its standing following two recent crashes that killed 346 people.

Boeing in June again reported no new orders for the 737 MAX.

Plane deliveries are tied to company revenues and closely monitored by Wall Street. Leading analysts have slashed their profit forecasts for Boeing due to the 737 MAX crisis, which has halted deliveries and forced the company to store planes after they are manufactured.

At the Paris Air Show in June, Boeing announced that it signed a letter of intent to sell 200 737 MAX planes to British Airways parent International Airlines Group. But the IAG order has not been officially booked yet.

On Monday, Saudi budget carrier flyadeal said it withdrew a provisional order for up to 50 Boeing's grounded 737 MAX jets and would instead buy up to 50 Airbus planes.

Morningstar analyst Danny Goode said he does not expect other carriers to follow flyadeal as long as Boeing is able to ensure reentry of the 737 MAX by the end of the year.

"While flyadeal's withdrawal is a bit concerning, we would seriously revisit our delivery forecast if a flagship customer like Southwest or Ryanair flipped to Airbus' A320neo or A220 platform," Goode said in a note.

"We remain confident in the 737 MAX's return to service." Boeing has developed a software upgrade to the 737 MAX after problems with a flight handling system were tied to Lion Air and Ethiopian Airlines crashes. But the jet has still not been cleared by regulators to resume work.

The Federal Aviation Administration last week identified a fresh problem during simulator testing, further clouding the outlook for the plane's return to service.

Boeing shares rose 0.6 percent to USD 353.23.


Violent protests engulf US, thousands arrested and nearly 40 cities under curfew
Hong Kong blocks Tiananmen vigil; rush on for UK passports
Oman reports 1,014 new COVID-19 cases, 11,437 in total
SpaceX Nasa Mission: Astronauts on historic mission enter space station
Protests over George Floyd death overwhelm US authorities again
''very saddened'' by what happened to the relationship with China: Trump
France reports 52 new Coronavirus deaths
Death toll from COVID-19 in Brazil rises by 1,124 to 27,878 People
Death toll from COVID-19 in Brazil rises by 1,124 to 27,878 People
Saudi Arabia registers 1,644 new COVID-19 cases
Coronavirus deaths in US top 100,000; Trump sympathises with families of the victims
India''s ''arrogant expansionist policies'' becoming ''threat'' to its neighbours: Pak PM Khan
UK to seek 2021 date for UN climate change summit
COVID-19 death toll nears 100,000, New York Times calls it "incalculable loss"
Germany reports more than 178,000 confirmed cases of COVID-19
Iran warns US not to interfere with Venezuela oil shipment
Sri Lanka to ease coronavirus restrictions from May 26
At least 57 killed in Pakistan passenger plane crash in Karachi
China introduces new security bill in parliament to tighten controls over Hong Kong
Trump lashes out at scientists whose findings contradict him
ENTERTAINMENT NEWS
My whole life has been a miracle: Rajinikanth
 Mumbai: From starting out as a bus conductor to becoming one of the biggest stars of the: country,  
'Game of Thrones' star Indira Varma tests positive for coronavirus
Coronavirus: Release of Ranveer Singh-starrer '83' put on hold
'Joker' earns Joaquin Phoenix his maiden Oscar
KERALA NEWS
Woman dies of COVID-19 in Kerala, toll rises to ten; 61 new cases reported
 Kozhikode/Thiruvananthapuram: A 53-year old woman, who returned from Riyadh recently succumbed to th
COVID-19 tally in Kerala rises to 1,208, 7 Pilots and cabin crew, among 58 infected
Vijayan slams Railways for scheduling trains to Kerala without informing state
Kerala records 6th COVID-19 death
NATIONAL NEWS
Depression in Arabian Sea to intensify into severe cyclonic storm; will impact Mumbai
 New Delhi, Jun 1 (PTI) The depression in the Arabian Sea is likely to intensify into a severe cyclon
Deferred due to coronavirus, elections to 18 RS seats to be held on June 19: EC
Mercury plummets as rain lashes Haryana and Punjab
New biography on PM Modi released
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