Boeing loses $5.9B order for idled 737 MAX to global rival Airbus

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Boeing Co., whose engineers are working around the clock to get the bestselling 737 MAX back in the air, lost a $5.9 billion order for the jetliners to its largest competitor, Airbus.

The cancellation by flyadeal, the budget carrier that Saudi Arabian airline Saudia introduced two years ago, adds to the mounting costs from a worldwide grounding of the MAX after two overseas crashes killed 346 people.

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