Boeing Faces Deepening Crisis with Plummeting Orders and Cancellations

April saw only seven new orders against 33 cancellations, exacerbating the company's struggles amid safety investigations and production issues.

Boeing's April orders were significantly outpaced by cancellations, largely due to Lynx Air's shutdown.
The company delivered just 24 planes in April, falling further behind rival Airbus.
Safety concerns have led to FAA restrictions on Boeing 737 MAX production.
Boeing is under multiple investigations regarding its safety practices and manufacturing quality.
Despite the challenges, Boeing marked the delivery of its 1,500th 737 MAX to Ryanair.