Stocks Flux
  • Business
  • Politics
  • Latest news
  • World News
  • Business
  • Politics
  • Latest news
  • World News

Stocks Flux

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
King Charles to emphasize bonds between UK and France as he welcomes Macron in first European state visit since Brexit
next post
Senate Republican moves to give US an edge on China in harvesting minerals for weapons systems

You may also like

‘He’s like Iron Man’: Jensen Huang lit up...

June 10, 2025

Nvidia to report earnings amid infrastructure spending, DeepSeek...

February 27, 2025

Amazon and Nvidia say AI data center demand...

April 25, 2025

Art created autonomously by AI can’t be copyrighted,...

March 20, 2025

How Fanatics is teaching business acumen to pro...

June 25, 2025

Skechers to be acquired by 3G Capital in...

May 6, 2025

Capital One and Discover merger approved by Federal...

April 19, 2025

Amazon’s Zoox robotaxi unit issues software recall after...

May 7, 2025

Why Trump’s iPhone tariff threat might not be...

May 25, 2025

Rite Aid files for second bankruptcy in two...

May 6, 2025

    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.

    Categories

    • Business (381)
    • Latest news (10)
    • Politics (1,781)
    • World News (1,369)
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Politics

    • FBI raid of John Bolton’s home reportedly linked to classified documents probe

      August 24, 2025
    • GOP senators push for Kamala Harris’ testimony as House Oversight eyes subpoena

      August 24, 2025
    • Israel set to launch Gaza City offensive: High stakes, high costs ahead

      August 24, 2025
    July 2025
    M T W T F S S
     123456
    78910111213
    14151617181920
    21222324252627
    28293031  
    « Jun   Aug »

    Copyright © 2025 stocksflux.com | All Rights Reserved