- Epic Games sues Google and Samsung over app store
- Officials see no shortages from likely US port strike
- UK families of Gaza hostages warn Lebanon attack 'takes focus away'
- Shares in Stellantis, Aston Martin skid on profit warnings
- Dali prints found in London garage sold at auction
- ECB chief backs bank mergers amid UniCredit, Commerzbank talk
- China stocks soar on stimulus, but US and Europe retreat
- 100 dead in storm Helene damage, flooding across US southeast
- China stocks soar on stimulus, Europe slides on automaker woes
- German antitrust watchdog steps up monitoring of Microsoft
- Nepal's urban poor count cost of 'nightmare' floods
- E.Guinea, Gabon clash at ICJ over oil-rich islands
- New blow for UK's Starmer as growth data disappoints
- China's top banks to tweak mortgage rates to boost housing market
- Muslim women break taboos navigating east London's waterways
- Nepal dam-building spree powers electric vehicle boom
- More than 60 dead from storm Helene as rescue, cleanup efforts grow
- Dozens missing, 9 dead in migrant boat wreck off Spanish Canaries
- Death toll from Hurricane John hits eight in Mexico
- Storm Helene's toll rises as rescue and cleanup efforts gain pace
- SpaceX launches mission to return stranded astronauts
- Storm Helene kills 44, threatens more 'catastrophic' flooding as cleanup begins
- SpaceX set to launch mission to return stranded astronauts
- Storm Helene kills 44, threatens more 'catastrophic' flooding
- Boeing strike grinds on as latest talks fail to reach agreement
- Iran 'news' sites, hackers target Trump ahead of US election
- US ports brace for potential dockworkers strike
- Japan's speedy, spotless Shinkansen bullet trains turn 60
- US hurricane deaths rise to 44, fears of more 'catastrophic' flooding
- Global stocks mostly rise, cheering Beijing stimulus
- Europe en route for Moon with new simulator, says astronaut Pesquet
- Fireworks forecast if comet survives risky Sun flypast
- Argentina judge orders dictionary to delete pejorative definition of 'Jewish'
- Global stocks rise on rate hopes, Beijing stimulus
- S.African woman turns 118, among the oldest in the world
- UK clears $4 bn AI partnership between Amazon, Anthropic
- Barca fans barred from Champions League away game over racist banner
- Chinese stocks extend surge, Europe higher on Beijing stimulus
- Pope says Church must 'seek forgiveness' for child sexual abuse
- China caps week of 'bazooka' stimulus for ailing economy with rate cut
- Cuts, cash, credit: China bids to jumpstart flagging economy
- France's debt weighs heavier ahead of budget debate
- Iran treads carefully, backing Hezbollah while avoiding war
- Return to sender: waste stranded at sea stirs toxic dispute
- 'Broken' news industry faces uncertain future
- On remote Greek island, migratory birds offer climate clues
- Taken from mother by nuns, victim seeks answers as pope visits Belgium
- China cuts amount banks hold in reserve to boost lending
- Hong Kong, Shanghai extend surge as China optimism boosts markets
- Vietnam president reiterates support for Cuba during official visit
JRI | 0.66% | 13.67 | $ | |
BCC | -1.14% | 139.89 | $ | |
NGG | -0.23% | 69.57 | $ | |
CMSC | -0.13% | 24.74 | $ | |
SCS | 1.42% | 13.34 | $ | |
GSK | 0.15% | 40.77 | $ | |
AZN | 0.15% | 77.74 | $ | |
BTI | -0.86% | 36.525 | $ | |
BP | -0.1% | 31.39 | $ | |
RIO | -0.18% | 71.1 | $ | |
RYCEF | -0.14% | 7.03 | $ | |
RBGPF | 7.18% | 64.75 | $ | |
BCE | -1.32% | 34.73 | $ | |
CMSD | -0.72% | 24.9 | $ | |
RELX | -0.41% | 47.365 | $ | |
VOD | -0.85% | 10.005 | $ |
Boeing cuts its order book following Ukraine invasion
Boeing has removed orders for 141 jets from its backlog, mostly due to sanctions placed on Russia in the aftermath of the Ukraine invasion, officials from the plane manufacturer said Tuesday.
Most of the planes stripped from Boeing's official tally were 737 models, with about two-thirds coming as "a result of geopolitical events," a Boeing spokesperson said.
The removal of the Russian jets from Boeing's backlog comes as the company also again reported no deliveries from its 787 Dreamliner for the first quarter.
On the positive side, the company added a net of 145 new jet orders during the quarter as more people traveled and global economies recovered from the worst of the pandemic.
Boeing now holds orders for 4,231 new planes, down from 4,375, according to an update for March orders and deliveries.
The Commerce Department on April 7 announced that Russian state airline Aeroflot, Azur Air and Utair were barred from receiving American goods for the next 180 days.
The move was part of a series of steps by Washington and other Western governments in response to Moscow's invasion of Ukraine.
In the first quarter, Boeing reported 95 commercial deliveries compared with 77 in the year-ago period. The biggest jump was for the 737, reflecting Boeing's resumption of deliveries for the 737 MAX following a lengthy grounding.
Deliveries of the 787 have been halted since May as Boeing works to satisfy demands to address quality and manufacturing problems flagged by the Federal Aviation Administration.
A.Samuel--CPN