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
Waymo offers teen accounts for driverless rides

Related Posts

Credit card startup Imprint beats big banks for...

July 24, 2025

U.S. could take stakes in more firms, White...

August 26, 2025

Home Depot is buying GMS for about $4.3...

July 1, 2025

Boeing to resume airplane deliveries to China next...

June 2, 2025

Apple looking to make ‘premium’-priced folding iPhones starting...

June 21, 2025

What Trump’s Nvidia and AMD China deal means...

August 12, 2025

Playboy moving its headquarters to Miami Beach and...

August 17, 2025

AI detects sound of frog species threatened in...

August 29, 2025

Customers sue sneaker company On over shoes that...

October 21, 2025

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

June 11, 2025

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • Maduro erupts as Trump vows massive blockade around Venezuela — decries ‘warmongering threats’

    • Trump gets fresh digs in at Biden, Obama with new plaques added to White House Presidential Walk of Fame

    • Trump attends solemn dignified transfer for Iowa guardsmen, civilian killed in Syria ISIS attack

    • Speaker Johnson ekes out healthcare bill victory after House GOP Obamacare rebellion

    • Dan Bongino to resign from FBI deputy director role in January

    • Senate GOP moves 97 Trump nominees closer to historic milestone

    Categories

    • Business (196)
    • Investing (1,439)
    • Politics (1,663)
    • Stocks (119)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 redwoodinvestreport.com | All Rights Reserved