Boeing lost more 737 MAX orders in October

Boeing lost another 12 orders for its grounded 737 MAX jetliner last month, in the latest major setback for the aviation company.

Company data on Tuesday revealed that Boeing delivered only 13 aircraft to customers, down from the 20 jets delivered in October of last year.

The U.S. Federal Aviation Administration appears to be just a week away from lifting a safety ban on the 737 MAX, which was implemented in March 2019 after two deadly crashes.

But Boeing has been struggling to develop an alternative cash cow to what was the company's best-selling jet, their efforts hampered by the global health crisis.

Their closely watched monthly snapshot also revealed quality flaws in their 787 Dreamliner.

The health crisis has hammered the demand for jets, from Boeing as well as European rival Airbus.

And the European Union's decision to impose tariffs of 15% on Boeing planes this week could hobble its jet deliveries in Europe.

In total, Boeing has made 111 aircraft deliveries in the 10 months through October 2020 -- a fraction of the more than 300 during the same period last year.