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Boeing said Tuesday that customers cancelled 108 more B737MAX aircraft in April.
Orders of 10 aircraft were cancelled by unidentified customers while 29 jets were cancelled by China Development Bank Financial Leasing and 69 aircraft were canceled by General Electric’s aircraft leasing arm, known as GECAS.
The cancellations have brought down the total aircraft backlog below 5000 aircraft to 4,834 planes since 2013, indicated weakening demand for its aircraft.
Avolon, fourth-largest aircraft lessor in the world cancelled orders for 75 737 Max jets. Following this, GECAS, the second-largest lessor cancelled 69 MAX jets.