Boeing CFO Brian West confirmed at an industry conference Thursday morning that plane deliveries to China would be delayed due to Chinese regulatory reviews and stated that there would be no increase in second-quarter commercial jet deliveries compared to the first quarter. 

The big problem for Boeing is that not even China wants the jets. 

West said the country's Civil Aviation Administration (CAAC) has requested more certification for 737 Max planes. 

Here are the most critical headlines (courtesy of Bloomberg) breaking on West's comments:

Following the comments, Boeing shares in New York plunged as much as 5.4% - the most in almost four months. 

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