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In its first full month of production since strike, Boeing ( BA )
delivers 40 737 MAX jets
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Gross orders drop for Boeing ( BA ) to 36, down from 142 in
December
By Dan Catchpole
Feb 11 - Boeing ( BA ) said on Tuesday that it had delivered 45
airplanes in January, up from 30 deliveries the previous month
and the most deliveries in a month for the U.S. planemaker since
2023.
The deliveries included 40 737 MAX aircraft, up from 25
delivered in the same month a year ago, when a mid-air blowout
on a nearly new Alaska Air ( ALK ) 737 MAX 9 grounded the model and
brought Boeing ( BA ) under scrutiny from federal regulators.
It was Boeing's ( BA ) busiest January for deliveries since 2019.
It was also the company's first full month of production since a
seven-week strike last fall halted most of its commercial
airplane production.
Aircraft deliveries are closely watched by Wall Street
because planemakers collect the majority of their payment when
they hand over jets to customers.
It delivered seven 737 MAX jets to United Airlines, five to
Southwest Airlines ( LUV ) and seven to unidentified Chinese airlines,
according to the company.
According to Cirium Fleet Analyzer and flight records on
FlightRadar24, Boeing ( BA ) delivered 737 MAX aircraft to Shenzhen
Airlines, 9 Air, Shandong Airlines, China Eastern Airlines,
Xiamen Airlines, and two to Air China.
Boeing ( BA ) also delivered four 787s, including the first 787 to
TAAG Angola, and one 777 freighter to Ethiopian Airlines.
Boeing ( BA ) booked 34 orders for 737 MAX to unidentified
customers and two 777 freighter orders, also to unidentified
customers, for a total of 36 new orders, up from 27 orders
during the same month a year ago. It did not record any
cancellations.
After adjusting for accounting standards, Boeing ( BA ) added 42
orders to its contracted backlog: 33 737 MAX jets, two 777
freighters and seven 787s.
That is down from 142 gross orders in December, including 30
787 orders for flydubai and 100 737 MAX orders from Turkey's
Pegasus Airlines, a longtime Airbus customer.
As Boeing ( BA ) works to stabilize commercial jetliner production
in the United States, a Boeing ( BA ) executive told Reuters on Monday
that there is not enough demand in India to justify opening a
final assembly line in the country.