Aircraft Industry - Boeing jetliner orders tumble in April - by Joshua Freed
Boeing, the world's No. 2 plane maker after France-based Airbus, has grappled with weaker demand in recent months as the recession has forced airlines to cancel or postpone plans to buy new planes. Limited access to credit also has made it more difficult for potential customers to finance new aircraft purchases. Customers have canceled orders for 59 planes this year, all but two of them for the company's hot-selling but long-delayed 787, a next-generation aircraft built for fuel efficiency with lightweight carbon composite parts. That's left Boeing with a negative balance of one order for 2009. In April, the Chicago-based aerospace company received orders for 17 jetliners, down from 58 during the same month last year, according to figures posted on the company's Web site.
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