As demand increased from epidemic lows, Boeing reported delivering 51 passenger and cargo planes in June, the aircraft manufacturer’s strongest month for deliveries in more than three years.
Shares of BoeingCo increased by about 8% in afternoon trading.
“This month, Boeing delivers 51 passenger and freight aircraft, the most since 2019”
The business, which recently relocated its corporate headquarters to Arlington, Virginia, reported that it had delivered 43 of its 737 Max aeroplanes, one 737 adapted for the US Navy, and seven larger aircraft that will be used for freight transport. Approximately twenty airlines, cargo carriers, and aircraft leasing businesses received the deliveries.
HoweverBoeing once more failed to produce any of its most popular two-aisle aircraft, the 787, which has been beset by production issues.
Federal regulators must give the go-ahead for the business to resume deliveries since they are a significant source of revenue for company,.
In June, clients placed fresh orders for 50 commercial aircraft , but 35 of those orders were cancelled. Boeing claimed that out of those, 28 cancellations were the result of Norwegian Air Shuttle reorganising its order book while maintaining orders for 50 of the aircraft.
At the end of June, Boeing reported having a backlog of more than 4,200 commercial aircraft.
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