ARLINGTON- Boeing delivered 53 jets in July, 5 more than a year earlier but 11 fewer than the 64 aircraft delivered in June.
Airbus delivered 67 aircraft in July, exceeding Boeing by 14 jets. Boeing also recorded 38 gross orders and 8 cancellations, resulting in 30 net new orders, with several deals announced during the Farnborough Airshow.
Boeing July Deliveries Decline as Orders Continue
Boeing’s July delivery performance showed a month-to-month slowdown despite year-over-year growth. The company delivered 53 commercial aircraft in July, compared with 64 in June and 48 in July a year earlier.
The 53 deliveries represented a 17% decline from June. However, the company still delivered 5 more aircraft than it did during the same month a year earlier.
Airbus delivered 67 aircraft in July, placing it 14 deliveries ahead of Boeing for the month. The comparison highlights the continued difference in monthly delivery output between the two leading commercial aircraft manufacturers.
The 737 MAX accounted for most of Boeing’s July deliveries, with 39 aircraft handed over to customers.
Boeing also delivered 10 787 Dreamliners, one 777 freighter and three 767 aircraft. The delivery mix shows that the 737 MAX remained the company’s primary commercial aircraft program by volume, while the 787 continued to contribute to wide-body deliveries.
Through July, Boeing had delivered 367 jets. The total included 279 737 MAX aircraft and 50 787 aircraft.
The 737 MAX therefore represented the largest share of Boeing’s deliveries through the first 7 months of the year, while the 787 remained the second-largest delivery program in the figures provided by the company.
Boeing Records 30 Net New Orders in July
Boeing booked 38 new aircraft orders in July and recorded eight cancellations. After accounting for the cancellations, the company reported 30 net new orders.
The July order total included 18 737 MAX aircraft and 19 787 aircraft. The figures show that Boeing’s monthly order activity remained positive even as deliveries declined from June.
Several of the July orders had already been publicly announced during the Farnborough Airshow. Boeing’s order activity at the event included a major transaction with Irish aircraft leasing company SMBC Aviation Capital.
SMBC Aviation Capital Places 100 MAX Order
SMBC Aviation Capital, identified in the source material as the world’s second-largest leasing company, announced an order for 100 Boeing 737 MAX aircraft during the Farnborough Airshow.
The order did not add 100 aircraft to Boeing’s July order total because Boeing had already recorded the transaction in June. At that time, the order appeared in Boeing’s records as coming from an unidentified customer.
The distinction is important when reviewing Boeing’s monthly orders. The Farnborough announcement provided visibility into the customer behind the transaction, but the 100-aircraft deal was already included in Boeing’s earlier order data.
Boeing Reports 130+ Orders for 737-10
Through July, Boeing had booked more than 130 orders for the 737-10, the largest variant of the 737 MAX family.
The figure points to continued customer interest in the largest MAX model within the order data supplied by Boeing. The 737-10 is positioned as the highest-capacity aircraft in the 737 MAX family.
The 737 MAX also remained Boeing’s dominant delivery program through July, with 279 aircraft delivered compared with 50 787 aircraft.
Farnborough Supports Boeing’s Order Activity
July orders included several deals announced around the Farnborough Airshow, although the event itself was described in the source material as subdued.
The SMBC Aviation Capital order was the largest Boeing order announcement highlighted from Farnborough.
Because that transaction had already been booked in June, the announcement did not change Boeing’s July net order figure.
Boeing’s July results therefore combine 2 different trends. Delivery volume declined from June, while customer commitments continued to generate new orders after cancellations.
Boeing Trails Airbus in July Deliveries
Airbus delivered 67 aircraft in July, compared with Boeing’s 53. Airbus therefore led Boeing by 14 aircraft during the month.
Boeing’s July delivery total was still higher than its July result from the previous year. The company delivered 53 aircraft in July compared with 48 a year earlier, showing that the month-to-month decline did not translate into a year-over-year decline.
The delivery figures also show why Boeing’s performance needs to be assessed alongside its order activity.
Deliveries measure aircraft handed over to customers, while net orders indicate additional demand after cancellations.
As reported by CNBC, Boeing’s July data showed a lower monthly delivery rate alongside continued order activity from customers and lessors.
Boeing’s July Results
Boeing delivered 367 jets through July, including 279 737 MAX aircraft and 50 787 aircraft. In July alone, the company delivered 39 737 MAX aircraft, 10 787s, one 777 freighter, and three 767s.
The company also recorded 30 net new orders during July after 38 gross orders and eight cancellations. Among those orders were 18 737 MAX aircraft and 19 787 aircraft.
The July figures provide a mixed picture of Boeing’s commercial aircraft performance. Deliveries fell 17% from June and remained below Airbus for the month, but Boeing continued to add net orders and had accumulated more than 130 orders for the 737-10 through July.
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