Redwood Invest Report
  • Business
  • Politics
  • Stocks
  • Investing
  • Business
  • Politics
  • Stocks
  • Investing

Redwood Invest Report

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

previous post
The Best Five Sectors, #26
next post
Share Purchase Plan Offer Booklet

Related Posts

Apple reveals complex system of App Store fees...

June 30, 2025

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

June 2, 2025

Tesla agrees to first deal to build China’s...

June 21, 2025

Trump made millions on guitars, Bibles and watches...

June 17, 2025

Trump flexes power over big business as U.S....

August 25, 2025

Cracker Barrel assures customers its values remain the...

August 26, 2025

Walmart is using its own fintech firm to...

June 11, 2025

Elon Musk confirms Tesla has signed a $16.5...

July 29, 2025

Amazon lays off over 100 employees in Wondery...

August 6, 2025

Musk’s brain implant company filed as a ‘disadvantaged...

July 20, 2025

Recent

  • Pastor recalls last moments with Charlie Kirk: ‘American martyr’

  • Ryan Routh chastised during opening statements in federal trial for ‘making a mockery’ of the court

  • Israel’s strike in Qatar triggers rare US rebuke, tests Trump’s Gulf diplomacy

  • Secret Service under pressure: What Kirk’s assassination means for Trump’s security

  • What is a bolt action rifle? What we know about the gun used to kill Charlie Kirk

  • Senate GOP hurtles toward nuclear option after deal with Dems falls apart

Categories

  • Business (157)
  • Investing (748)
  • Politics (859)
  • Stocks (119)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 redwoodinvestreport.com | All Rights Reserved