CORRECTED-UPDATE 1-Boeing quarterly orders halve, deliveries tumble on 737 MAX grounding

Boeing Co said on Tuesday orders nearly halved in the first quarter and the planemaker handed over far fewer aircraft, as it struggled with the worldwide grounding of its best-selling 737 MAX jets following two fatal crashes. Total orders, an indication of future demand, fell to 95 aircraft in the first quarter from 180 a year earlier. The fall in order suggests that airlines had adopted a wait-and-watch approach as Boeing looks to ride out the worst crisis in its history.

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