Boeing records zero new MAX orders following global groundings

737 Max aircraft is examined at the Boeing factory in Renton Wash

Employees walk by the end of a 737 Max aircraft at the Boeing factory in Renton, Washington, US on March 27, 2019.

"As we continue to work through these steps, we're adjusting the 737 production system temporarily to accommodate the pause in MAX deliveries, allowing us to prioritize additional resources to focus on software certification and returning the MAX to flight", Muilenburg said in a statement.

The company's stock has fallen $34 billion since the crash in Ethiopia last month in which 157 people died despite the pilots onboard following the relevant procedures to prevent the crash.

Some of the routes which are cancelled on both April 9 and 10 include Hyderabad, Dubai, Salalah, Kuwait, Bahrain, Dammam, Bombay, Riyadh and Nairobi.

Boeing said on Tuesday orders almost halved in the first quarter and the plane maker handed over far fewer aircraft, as it struggled with the worldwide grounding of its best-selling 737 Max jets following two fatal crashes.

Total orders, an indication of future demand, fell to 95 aircraft in the first quarter from 180 a year earlier.

There were more than 300 MAX jetliners in operation at the time of the fatal Lion Air crash last October, and about 4,600 more on order.

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Deliveries of Boeing 737 MAX also reportedly tumbled last month as the United States aerospace giant delivered just 11 planes of the model.

Deliveries are financially important to plane makers because that's when airlines pay most of the money.

The downgrade followed Boeing's announcement on April 3 that it was planning to cut the production of 737 Max jets to 42 a month from 52, starting in mid-April. Boeing hasn't described the second issue but says it is not related to the anti-stall system.

Boeing's shares were down 1.4 per cent at $369.50 in afternoon trading.

Smaller rival Southwest Airlines was the first USA airline to cut formally its financial outlook for the year after being forced to pull its new fleet of 34 Max planes out of service.

Also on Tuedsday, American Airlines trimmed its first-quarter forecast for unit revenue as it cancelled hundreds of flights during the period, mainly due to the groundings of its 24 Max planes, according to Reuters.

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