Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Business

Boeing delivers most airplanes since late 2023 after ramping up 737 Max output

by admin July 9, 2025
July 9, 2025
Boeing delivers most airplanes since late 2023 after ramping up 737 Max output

Boeing delivered 60 airplanes last month, the most since December 2023, as the plane maker seeks to raise production of its bestselling 737 Max jets after a series of manufacturing and safety problems.

The tally was the highest since before a door plug from one of its new 737 Max 9 planes blew out midair in January 2024, sparking a new crisis for the company and slowing production and deliveries of aircraft. Of the monthly total, 42 were 737 Maxes, going to customers including Southwest Airlines, Alaska Airlines and United Airlines.

CEO Kelly Ortberg, who took the top job at Boeing last August, has said the company has made progress in improving production rates and quality on its factory lines.

For the three months ended June 30, Boeing handed over 150 airplanes, its best second quarter since 2018, before two crashes of Max planes five months apart grounded the jets and sparked a multiyear crisis at the top U.S. exporter. That was also the last year Boeing posted an annual profit. Its problems also gave rival Airbus a bigger lead over Boeing.

Boeing this spring had been producing about 38 Max aircraft a month and will need Federal Aviation Administration approval to go above that limit, which the agency set after the door plug accident. Ortberg said at a Bernstein investor conference in late May that he’s confident that the company could increase production to 42 of the jets a month.

The company booked 116 gross orders in June, or 70 net orders when including cancellations and accounting adjustments. Boeing often removes or adds orders to its backlog for a variety of reasons including customers’ financial health.

Boeing’s backlog stood at 5,953 as of June 30.

The manufacturer is set to report second-quarter financial results on July 29, when investors will be focused on Ortberg’s plan to increase production and aircraft deliveries.

This post appeared first on NBC NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
The Best Five Sectors, #26
next post
Share Purchase Plan Offer Booklet

Related Posts

Delta CEO offers employees free flights after CrowdStrike-Microsoft...

August 5, 2024

Consumers are not lovin’ it: McDonald’s has its...

May 2, 2025

Musk says time commitment to DOGE will ‘drop...

April 24, 2025

Family offices are giving top staff equity, profit...

July 31, 2024

Sierra Space CEO leaves as $5 billion company...

January 8, 2025

Vail stock struggles as strike leads to long...

January 7, 2025

Why JPMorgan Chase is prepared to sue the...

September 30, 2024

Sony and Apollo send letter expressing interest in...

May 8, 2024

Cash App owner Block pays $40 million in...

April 12, 2025

Federal judge overturns $4.7 billion jury verdict in...

August 3, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • Ted Cruz accuses Biden of breaking pardon rules with autopen use after bombshell report

      September 10, 2025
    • Trump directed envoy to warn Qatar ahead of ‘unfortunate’ Israeli strike, White House says

      September 10, 2025
    • Schumer-linked PAC accuses senator of stock ‘greed,’ but financial disclosure contradicts claim

      September 10, 2025
    • Jury pool shrinks as Ryan Routh trial unfolds in Florida on Day 2

      September 10, 2025
    • Dem crime policies crippling cities even in Red states as crackdown intensifies, White House warns

      September 10, 2025

    Categories

    • Business (1,103)
    • Investing (3,005)
    • Politics (3,672)
    • Stocks (1,155)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved