Boeing reported the delivery of 60 aircraft in June, marking the company’s highest monthly output since December of the previous year. This surge comes as Boeing works to enhance production of its popular 737 Max jets, which faced significant challenges related to manufacturing and safety.
This delivery figure is significant, as it marks the first such increase since a door plug from a 737 Max 9 came loose mid-flight in January 2024, triggering widespread scrutiny and a temporary stall in aircraft deliveries. Out of the 60 planes delivered, 42 were 737 Max jets, with major clients including Southwest Airlines, Alaska Airlines, and United Airlines.
During the second quarter, which concluded on June 30, Boeing delivered a total of 150 airplanes—the best performance for that quarter since 2018. This period was significant for the company, which has faced prolonged challenges following the grounding of the Max jets after two fatal crashes. That year also marked the last time Boeing turned a profit, a situation compounded by the rise of its competitor Airbus.
Boeing had been operating at a production rate of about 38 Max jets per month, but is seeking approval from the Federal Aviation Administration (FAA) to increase that figure, a limit imposed following the earlier incident. At a Bernstein investor conference in late May, Ortberg expressed confidence that the company could expand production to 42 aircraft monthly.
The manufacturer gained 116 gross orders in June, resulting in 70 net orders after accounting for cancellations and adjustments. Boeing periodically revises its order backlog based on various factors, including the financial stability of its customers.
As of June 30, Boeing’s backlog totaled 5,953 orders.
The company is scheduled to announce its second-quarter financial results on July 29, with investors keen to hear more about Ortberg’s strategies for enhancing production capabilities and aircraft deliveries.
