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Boeing Third-Quarter Deliveries Climb as 737 Tally Accelerates
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Boeing Third-Quarter Deliveries Climb as 737 Tally Accelerates
Oct 10, 2024 9:38 PM

04:40 PM EDT, 10/08/2024 (MT Newswires) -- Boeing ( BA ) reported on Tuesday higher third-quarter deliveries on both sequential and annual bases amid an acceleration in 737 deliveries.

The jet maker delivered 116 aircraft in the September quarter, compared with 92 in the second quarter and 105 in the third quarter of 2023. This year's third-quarter count included 92 737s.

The 737 picked up sequentially and annually from 70 that Boeing ( BA ) delivered in both the second quarter of 2024 and third quarter of 2023. The Federal Aviation Administration on Tuesday issued a safety alert regarding the potential for limited or jammed rudder movement for certain Boeing 737 models.

Overall, Boeing ( BA ) data showed that it delivered 33 aircraft in September, a sequential deceleration from 40 in August but up from 27 in the comparable period of 2023.

Orders for the September quarter came in at 159, accelerating from 25 in the second quarter but sharply down from 321 in the same period last year.

The company has delivered 291 commercial airplanes as of Sept. 30.

Boeing ( BA ) is scheduled to report third-quarter financial results on Oct. 23. Analysts surveyed by Capital IQ are forecasting revenue of $18.52 billion for the period, which implies an improvement from $18.1 billion it reported for the same period a year ago.

Members of the International Association of Machinists and Aerospace Workers have been on a strike since mid-September, impacting more than 30,000 of Boeing's ( BA ) workers.

Price: 154.77, Change: +0.12, Percent Change: +0.08

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