Boeing delivers most airplanes since late 2023 as 737 Max output rises

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Boeing 737 MAX airliners are pictured on the firm’s manufacturing unit in Renton, Washington, on Sept. 12, 2024.

Stephen Brashear | AP

Boeing delivered 60 airplanes final month, probably the most since December 2023, because the airplane maker seeks to boost manufacturing of its bestselling 737 Max jets after a sequence of producing and security issues.

The tally was the best since earlier than a door plug from one in every of its new 737 Max 9 planes blew out midair in January 2024, sparking a brand new disaster for the corporate and slowing manufacturing and deliveries of plane. Of the month-to-month whole, 42 have been 737 Maxes, going to clients together with Southwest Airlines, Alaska Airlines and United Airlines.

CEO Kelly Ortberg, who took the top job at Boeing final August, has stated the corporate has made progress in bettering manufacturing charges and high quality on its manufacturing unit strains.

For the three months ended June 30, Boeing handed over 150 airplanes, its greatest second quarter since 2018, earlier than two crashes of Max planes 5 months aside grounded the jets and sparked a multiyear disaster on the high U.S. exporter. That was additionally the final yr Boeing posted an annual revenue. Its issues additionally gave rival Airbus a much bigger lead over Boeing.

Boeing this spring had been producing about 38 Max plane a month and can want Federal Aviation Administration approval to go above that restrict, which the company set after the door plug accident. Ortberg stated at a Bernstein investor convention in late Could that he is assured that the corporate could increase production to 42 of the jets a month.

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The corporate booked 116 gross orders in June, or 70 web orders when together with cancellations and accounting changes. Boeing typically removes or provides orders to its backlog for quite a lot of causes together with clients’ monetary well being.

Boeing’s backlog stood at 5,953 as of June 30.

The producer is about to report second-quarter monetary outcomes on July 29, when traders shall be targeted on Ortberg’s plan to extend manufacturing and plane deliveries.

Don’t miss these insights from CNBC PRO

How Airbus pulled ahead of Boeing



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