Geopolitics leads Boeing to downgrade dozens of jet orders

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Boeing has removed 141 airplanes from its backlog of pending orders, many of them because of what it termed geopolitical considerations including restrictions on sales because of sanctions like those imposed on Russia for its war against Ukraine.

The big aircraft manufacturer said Tuesday it took 38 net new orders for planes in March, most of them single-aisle 737 Max jets. Air Lease Corp. placed an order for 32 Maxes.

Boeing removed 141 previously ordered planes from its backlog of more than 4,000 planes because accounting rules make it unclear whether the sale will be completed. Sometimes planes are removed from the backlog because of an order cancellation, other times because the buyer’s financial problems place the deal in jeopardy.

This time, however, Boeing said…

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