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Boeing delivers 43 jets in July, flat year-on-year
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Boeing delivers 43 jets in July, flat year-on-year
Aug 13, 2024 8:24 AM

Aug 13 (Reuters) - Boeing ( BA ) said on Tuesday it

delivered 43 commercial jets in July, unchanged from the same

month a year earlier when it faced supply chain hurdles, as the

U.S. planemaker works to grow aicraft production under new CEO

Kelly Ortberg.

The company has pledged to grow output by the end of the

year, after wrestling with supply chain snags and operating a

slower assembly line since a Jan. 5 in-flight blowout of a door

plug on a 737 MAX 9 jet that heightened regulatory scrutiny.

The company handed over 31 MAX jets to customers last month,

including a handful to Chinese carriers. Boeing ( BA ) had said it

resumed deliveries of its best-selling airplane in July to

China, in a boost for the company, after a delay stemming from

regulatory issues.

Boeing ( BA ) also finalized a guilty plea to a criminal fraud

conspiracy charge and agreed to pay at least $243.6 million

after breaching a 2021 agreement with the U.S. Justice

Department.

Boeing ( BA ) also reported 72 gross orders in July, up from 52

during the same month a year earlier, including orders for 57

737 MAX planes that were partly announced during the Farnborough

Air Show.

After adjustments to reflect the backlog, Boeing ( BA ) reported

adjusted net orders for the month of 72.

That brought Boeing's ( BA ) gross order total so far this year

through July 31 to 228. After removing cancellations and

conversions, Boeing ( BA ) posted a net total of 186 orders since the

start of 2024.

Following further accounting adjustments, Boeing ( BA ) reported

adjusted net orders of 98 airplanes so far this year.

Year to date through July 31, Boeing ( BA ) delivered 218

airplanes, including 166 MAX jets.

Boeing's ( BA ) European rival Airbus delivered 77 planes

in July.

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