Boeing deliveries in Might, half of earlier yr

Boeing mentioned Tuesday it delivered 24 business jetliners in Might, about half the 50 in the identical month a yr earlier, because it continued to function a slower meeting line to finish backlogged work.

Boeing has mentioned it’s producing fewer MAX single-aisle planes to enhance manufacturing high quality, after the mid-flight panel breakage of a brand new 737 MAX 9 on Jan. 5 subjected the U.S. firm to elevated scrutiny for a part of the regulators.

The agency mentioned it delivered 19 MAX plane in Might, three greater than in April, however 45 % lower than the 35 in the identical month in 2023.

Reuters reported in April that Boeing’s month-to-month manufacturing dropped to single digits on the finish of March, nicely beneath the restrict of 38 planes a month imposed by the Federal Aviation Administration (FAA).

Plane deliveries are carefully watched by Wall Avenue as a result of producers can gather most of their funds once they full the method with prospects.

Boeing additionally reported that it had obtained 4 new gross orders in Might, all of them 787-10 Dreamliners for Eva Air. This brings the corporate’s complete gross orders to this point this yr to 142.

Earlier within the month, Boeing’s European rival Airbus mentioned it delivered 53 planes in Might, 16 % lower than in the identical month in 2023, bringing deliveries to this point this yr to 256.