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Boeing Gets Dealt Another 737 Max Cancellation Blow. What It Means for Boeing Stock

Boeing Gets Dealt Another 737 Max Cancellation Blow. What It Means for Boeing Stock

Boeing (NYSE: BA) was dealt a fresh blow on Tuesday when aircraft leasing specialist Avolon said it had canceled orders for 27 737 Max jets. The jets represent a small fraction of Boeing's 4,000-jet order book, but for Boeing investors, the risk is a death by one million cuts. This is Avolon's second round of cancellations this year, after calling off plans to buy 75 additional 737 Max planes in April.