Boeing’s aircraft deliveries saw an uptick in September, with 33 planes handed over, six more than the same month last year. This modest rise comes amid potential disruptions from an ongoing machinist strike in Renton, Washington, which began on September 13 following a union vote against Boeing’s proposed agreement. Up to September, Boeing had delivered 291 planes, falling short compared to the 371 aircraft delivered by the same time last year. Rival Airbus outpaced Boeing, delivering 447 planes by August.
The 737 Max led Boeing’s recent deliveries, with 27 aircraft distributed to airlines such as United, Ryanair, and Southwest. However, the strike has impacted production, with most deliveries completed prior to its start. Analyst Sheila Kahyaoglu from Jefferies forecasts the production of 25 Max aircraft monthly if the strike concludes by October. Boeing’s anticipated increase to 38 planes a month is likely to be postponed by a year due to strike disruptions.
The Renton strike reflects broader tensions as Boeing attempts to manage operational challenges and financial strain, having spent over $8 billion this year. Meanwhile, the company secured 66 orders for new planes in September, which included four 787 Dreamliners from its nonunion South Carolina plant.
Boeing’s lingering issues include fallout from a potential crisis with a new 737 Max 9 in January and a significant backlog of 5,456 aircraft. Boeing is scheduled to release quarterly results on October 23rd, providing more insight into the strike’s economic impact.
Original Story https://www.cnbc.com/2024/10/08/boeing-aircraft-deliveries-september.html
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