Boeing recently revealed that it delivered 72 gross orders in July, up from 52 during the same month last year. The total orders included 57 737 MAX planes that were partly announced during the Farnborough Air Show, including 35 aircraft for Aviation Capital Group, 20 for Macquarie AirFinance, and two for an unidentified customer.
For widebody aircraft, Boeing scored deals for 10 787s from Japan Airlines and 777 Freighters from another unnamed customer.
Boeing orders exceed rival Airbus in July
Last month’s gross brought Boeing’s order total so far this year to 228. After removing cancellations and conversions, Boeing posted a net total of 186 orders since the start of 2024. Following further adjustments, Boeing reported adjusted net orders of 98 airplanes so far this year. Until July, Boeing delivered 218 airplanes, including 166 MAX jets.
However, jet deliveries were down 29 percent this year compared to 2023, limited to just 218 commercial jets. Rival aircraft maker Airbus reported 59 orders in July, delivering 400 jets through the first seven months of this year.
Boeing also delivered 43 commercial jets in July, unchanged from the same month a year earlier when it faced supply chain hurdles as the company works to grow aircraft production under new CEO Kelly Ortberg.
In 2023, in total, Boeing and Airbus delivered 528 and 735 aircraft compared to 480 and 663, respectively, in 2022. In 2023, Airbus won the deliveries crown for the fifth consecutive year.
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Mid-air incident impacts production
The majority of Boeing’s July orders were for its 737 MAX narrow-body, which faced significant scrutiny following a mid-air emergency earlier in the year.
In response to the incident, the Federal Aviation Administration limited Boeing to producing no more than 38 737s monthly, a restriction that it will lift only if the company demonstrates that it can safely produce more of the narrowbody jets.
Since 2019, Boeing has lost $33 billion as it mostly doesn’t get payments until it delivers planes.
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