Boeing 737s on the bottom in Renton, Washington.
Leslie Josephs | CNBC
Boeing delivered 33 airplanes in September, six greater than in the course of the same period a 12 months earlier, as the corporate and its customers regulate the impact of a machinist strike, now in its fourth week.
Through September, Boeing has handed over 291 aircraft, well below the 371 it had delivered in the primary nine months of 2023. Rival Airbus has delivered 447 airplanes this 12 months through August,
Last month’s deliveries were led by 27 of Boeing’s bestselling 737 Max aircraft to customers including United Airlines, which received five, and Ryanair and Southwest Airlines, which each each took three. Deliveries are key to Boeing. It’s already burned through greater than $8 billion this 12 months since customers pay the majority of the worth once they receive the airplane.
The aircraft are produced in Renton, Washington, one among the factories where machinists walked off the job on Sept. 13 after staff overwhelmingly voted down a tentative agreement the corporate had reached with their union. The 2 sides are back on the negotiating table this week, though the union dismissed a sweetened offer from Boeing last month.
All but 10 of the 27 Maxes were handed over before the strike began, based on Jefferies aerospace analyst Sheila Kahyaoglu. In a note Monday, she forecast that Boeing might be producing 25 Max aircraft per thirty days if the strike ends in October but the corporate’s planned ramp-up to 38 Maxes a month might be delayed by a 12 months.
Boeing is scheduled to report quarterly results on Oct. 23, when it should detail the financial impact of the strike.
September deliveries also included 4 787 Dreamliner planes, that are made in Boeing’s nonunion factory in South Carolina. For the month, Boeing logged 66 gross orders for brand spanking new aircraft.
Boeing has spent much of this 12 months coping with fallout after a near catastrophe on one among its recent 737 Max 9s in January, when a door plug that was missing key bolts blew out.
The corporate’s backlog is 5,456 aircraft.
