Boeing handed over 348 airplanes in 2024, a couple of third fewer than it did a 12 months earlier because the aerospace big struggled with a disaster after a midair door panel blowout a 12 months in the past and a machinist strike within the fall that halted manufacturing.
The tally widened the supply hole with Boeing’s chief rival, Airbus, which gave 766 jetliners to clients final 12 months, probably the most since 2019, although each firms are going through supply chain strains which have slowed manufacturing and achievement of their in any other case strong backlogs.
In December, Boeing delivered 30 airplanes because it restarted manufacturing of its bestselling 737 Max planes after the almost eight-week machinist strike ended the month earlier than. Deliveries are key for producers as a result of it’s when clients pay the majority of an airplane’s worth.
A scarcity of plane from suppliers has pushed up lease charges, with leases anticipated to hit data this 12 months, aviation knowledge agency IBA stated in a report this month.
Boeing logged 142 gross orders in December for brand new planes, together with 100 737 Maxes for Turkey’s Pegasus Airlines and 30 787s for flydubai, whose intention to buy was first unveiled on the Dubai Air Show in late 2023. Boeing additionally took greater than 130 orders off its books for India’s now-defunct service Jet Airways.
Boeing’s gross orders for the 12 months stood at 569, whereas internet orders have been 377 airplanes — 317 together with accounting changes. Airbus, which launched its December and full-year tally final week, stated it logged 878 gross orders final 12 months and 826 internet orders.
Boeing is scheduled to report fourth-quarter and full-year outcomes earlier than the market opens on Jan. 28, when CEO Kelly Ortberg and different Boeing leaders will face investor questions on their plans to ramp up manufacturing and restore the aerospace big’s profitability.
