Boeing reported that it delivered 44 commercial jets in June, the highest monthly total this year, but a 27% decrease from last year due to ongoing legal and production issues. The company aims to boost production by year-end, despite supply chain problems and increased regulatory scrutiny following a January incident involving a 737 MAX 9 jet. The recent U.S. Justice Department’s announcement of Boeing’s guilty plea to a criminal fraud conspiracy charge related to two fatal 737 MAX crashes further complicates its ability to secure government contracts.
In June, Boeing delivered five 777 freighters, including two to Air China, indicating a resumption of widebody deliveries to China after a regulatory review. The company also reported receiving 11 orders for 777 freighters, making it the third-highest month ever for the model. However, Boeing’s adjusted net orders for June were negative 104, bringing the gross order total for the year to 156 and a net total of 115 after cancellations and conversions.
Despite delivering 175 planes so far this year, Boeing remains behind its European competitor Airbus, which delivered 323 airplanes in the first half of the year. Boeing also announced 327 gross orders in the first six months of 2024, with a net total of 310 after accounting for cancellations. The company continues to navigate production challenges and legal scrutiny as it strives to meet its delivery and order targets.
