Boeing sees best month for aircraft deliveries since 2019

Boeing says aircraft deliveries are the strongest it has seen since March 2019

July 13, 2022 02:28 am | Updated 11:51 am IST

A Boeing 787-10 Dreamliner taxis past the Final Assembly Building at Boeing South Carolina in North Charleston, South Carolina, United States. File.

A Boeing 787-10 Dreamliner taxis past the Final Assembly Building at Boeing South Carolina in North Charleston, South Carolina, United States. File. | Photo Credit: Reuters

Boeing said on Tuesday that it delivered 51 passenger and cargo planes in June, the aircraft maker’s best month for deliveries in more than three years, as airlines saw demand recovering from pandemic lows.

Boeing Co. shares rose 6% in morning trading.

The company, which recently moved its headquarters to Arlington, Virginia, said it delivered 44 of its 737 Max airliners and seven larger planes that will be used to haul cargo. The deliveries were spread across about two dozen airlines, cargo carriers and aircraft leasing companies.

However, Boeing again delivered none of its best-selling two-aisle plane, the 787, which has been plagued by production problems. The company is trying to win approval from federal regulators to resume deliveries, which are an important source of cash for Boeing.

Boeing took new orders for 50 commercial jets in June, but customers canceled orders for 35. Of those, Boeing said, 28 cancellations stemmed from Norwegian Air Shuttle reshuffling its order book to drop 28 Maxes while keeping orders for 50 of the planes.

Boeing said that it had a backlog of more than 4,200 commercial planes at the end of June.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.