Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Boeing 737 Max aircraft sit at the airport in Renton, Washington.
Leslie Josephs | CNBC
Boeing delivered 348 aircraft in 2024, about a third less than a year earlier, as the aerospace giant fought with the crisis after the explosion of the door panel in the air a year ago and a strike of drivers in the fall, which stopped production.
That widened the supply gap with Boeing’s main rival, Airbus, which delivered 766 jetliners to customers last year, the most since 2019, although both companies face supply chain distortions which have slowed production and fulfillment of their otherwise robust backlogs.
Boeing delivered 30 planes in December, resuming production of its best-selling 737 Max after a nearly eight-week strike by engineers that ended a month earlier. Deliveries are key for manufacturers because customers pay most of the cost of the aircraft.
A shortage of aircraft from suppliers has pushed up lease rates, with leases expected to hit record highs this year, aviation data firm IBA said in a report this month.
In December, Boeing received 142 gross orders for new aircraft, including 100 737 Max for Turkish carrier Pegasus Airlines and 30 787 for flydubai, whose intention to purchase was first announced at the Dubai Air Show in late 2023. Boeing also took more than 130 orders off its book for defunct Indian carrier Jet Airways.
Boeing’s gross orders for the year totaled 569, while net orders totaled 377 aircraft — 317 after accounting adjustments. Airbus, which released its December and full-year results last week, said it recorded 878 gross orders and 826 net orders last year.
Boeing is scheduled to report fourth-quarter and full-year results before the market opens on Jan. 28, when CEO Kelly Ortberg and other Boeing leaders will face questions from investors about their plans to ramp up production and restore profitability at the aerospace giant.