Boeing Delivers Highest Number of Aircraft in 5 Months

Boeing delivered 46 737 aircraft in November, the highest number of deliveries in five months.
This leaves the aircraft manufacturer needing to deliver just 24 aircraft this year to meet its adjusted annual target.

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Details

Additional boost from China

Increased production in December

Conclusion

Details

Boeing has stepped up its delivery pace, simplifying supplier defect inspection processes on some 737 MAX models and working to clear its production backlog. Boeing lowered its annual target to delivering between 375 and 400 cash-generating aircraft in October after a sharp slowdown in shipments.

Additional boost from China

Delivery momentum is expected to get a further boost if China resumes imports of 737 MAX aircraft after a near-five-year suspension, as travel recovers and trade ties with the United States improve.
Flights using MAX aircraft destined for the mainland have increased
since last month’s meeting of leaders from the two countries.
A senior official at China’s top aviation regulator recently urged Boeing to step up its presence in the country.

Boeing said narrow-body deliveries currently stand at 351 aircraft this year.
The company delivered 10 wide-body aircraft during the month, including six 787 Dreamliners.

With this number, the manufacturer has delivered 62 aircraft from the Dreamliner family as of November,
leaving it eight aircraft short of its target of 70 to 80 aircraft to be delivered this year.

Increased production in December

Production at aircraft manufacturers Boeing and Airbus typically ramps up in December
as the companies work at full capacity to meet their annual targets.
Airbus needs to deliver 97 aircraft in December to meet its 720-aircraft target for 2023,
set by Chief Executive Guillaume Faury.

Boeing recorded 114 net orders against 10 cancellations in November.
Most of these orders came during the Dubai Air Show,
where Dubai-based Emirates placed firm orders for 90 777X twin-aisle aircraft,
the largest family of Boeing aircraft.
The aircraft manufacturer had a total of 1,085 orders for the year as of November 30,
with 945 net sales excluding cancellations and conversions of aircraft positions.

Conclusion

The strong delivery momentum in November suggests Boeing is on track to meet its adjusted annual target.
However, the company still faces some challenges, such as the need to resume deliveries to China.
If Boeing can overcome these challenges, it is likely to achieve strong growth in 2024.

Boeing Delivers Highest Number of Aircraft in 5 Months

Boeing Delivers Highest Number of Aircraft

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