financetom
Business
financetom
/
Business
/
Boeing jet deliveries fall to 13 in November after strike ends
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Boeing jet deliveries fall to 13 in November after strike ends
Dec 10, 2024 8:29 AM

Dec 10 - Boeing ( BA ) delivered 13 commercial jets in

November, less than a quarter of the 56 jetliners it handed over

to customers 12 months earlier, the U.S. planemaker reported on

Tuesday.

Deliveries were down from 14 in October, when most of the

company's aircraft production was still shut down during a

seven-week-long strike that ended Nov. 5.

Boeing ( BA ) restarted production of its best-selling 737 MAX last

week, which was first reported by Reuters.

The U.S. planemaker is trying to increase 737 production to

a rate of 38 a month to generate much-needed revenue after it

burned billions of dollars in cash during the first three

quarters. However, it has been under heightened oversight by

the U.S. Federal Aviation Administration since a door plug blew

out of a nearly new Alaska Airlines 737 MAX 9 during a

January flight.

The company plans to resume production of its 767, 777 and

777X in Everett "in the days ahead," Boeing ( BA ) said in a statement.

Boeing 787 production in South Carolina was not affected by the

strike.

Boeing ( BA ) has said that it is taking a cautious approach to

restarting production and has prioritized quality, safety and

worker training. That approach is reflected in the month's lower

delivery numbers, the company said.

November's deliveries included nine 737s, two 777 freighters

and two 787-9s, according to the company. U.S. carrier United

Airlines took delivery of three aircraft, including two

737 MAXes and one 787.

By comparison, after Boeing's ( BA ) last strike ended in November

2008, it delivered four aircraft that month.

The company booked 49 gross orders during the month with 14

cancellations, including 34 737s and 15 767s for the U.S. Air

Force's KC-46 program.

Germany-based TUI canceled orders for 14 and will instead

lease the planes from BOC Aviation ( BCVVF ), resulting in a net addition

of 20 new 737 MAX orders.

Year to date, Boeing ( BA ) has booked 427 gross orders and 370 net

orders after cancellations and conversions. After also adjusting

for accounting standards, Boeing ( BA ) booked 191 net orders.

Boeing's ( BA ) European rival Airbus delivered more than

80 jets in November, Reuters reported earlier this month.

(Reported by Dan Catchpole in Seattle; Editing by Mark Porter)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved