BUSINESS BRIEFING / AVIATION
Times Wire Reports
Boeing Co.’s orders for freight and passenger jets fell sharply in January, hurt by declining air travel amid the global economic slump.
The Chicago airplane maker received orders for just 18 jetliners last month, a 72% drop from the 65 planes ordered a year earlier, according to figures on Boeing’s website. Jet deliveries rose by one to 35 planes in January.
The report follows a tough 2008 when Boeing’s orders plunged after three years of exceptionally strong growth.
