Latest news with #737MAXs
Yahoo
09-07-2025
- Business
- Yahoo
Boeing's Big Bounce: Chinese Orders Return, Deliveries Surge Past Wall Street Expectations
Boeing (NYSE:BA) just posted a major comeback signaldelivering 60 planes in June, up 27% year-over-year, and for the first time in months, Chinese customers are back on the list. That includes five 737 MAX jets, part of a long-awaited thaw in trade tensions. Beijing had put a freeze on Boeing deliveries in April during a tariff flare-up, but lifted the restriction in May. That decision is already moving the needle. For a company still digging out of years of production setbacks and debt pressure, every delivery countsand Wall Street knows it. Warning! GuruFocus has detected 6 Warning Signs with BA. The monthly delivery breakdown paints a picture of Boeing regaining altitude: 42 of the bestselling 737 MAXs, nine 787 Dreamliners, and a handful of 767s and 777 freightersincluding KC-46 tankers headed to defense. Southwest led the pack, taking 10 MAX jets. Boeing also locked in 116 gross new orders for June, with British Airways booking 32 Dreamliners and Alaska Airlines adding 12 MAXs. Through the first half of 2025, total deliveries hit 280, led by 206 MAX jets. Notably, Singapore Airlines did cancel three MAX orders, and June's tally was down from May, one of Boeing's strongest order months on record. Rival Airbus (EADSF) kept a narrow edge, delivering 63 aircraft in June. But Boeing's ability to restart Chinese deliveries and rack up 62 new 787 orders suggests the tide may be shifting. Widebody orderstraditionally Boeing's strongholdshowed fresh traction, possibly signaling stronger international demand recovery. With 625 net orders so far this year, Boeing still has ground to cover, but this latest data could be a meaningful step toward restoring investor confidence. This article first appeared on GuruFocus.
Yahoo
09-07-2025
- Business
- Yahoo
Boeing's Big Bounce: Chinese Orders Return, Deliveries Surge Past Wall Street Expectations
Boeing (NYSE:BA) just posted a major comeback signaldelivering 60 planes in June, up 27% year-over-year, and for the first time in months, Chinese customers are back on the list. That includes five 737 MAX jets, part of a long-awaited thaw in trade tensions. Beijing had put a freeze on Boeing deliveries in April during a tariff flare-up, but lifted the restriction in May. That decision is already moving the needle. For a company still digging out of years of production setbacks and debt pressure, every delivery countsand Wall Street knows it. Warning! GuruFocus has detected 6 Warning Signs with BA. The monthly delivery breakdown paints a picture of Boeing regaining altitude: 42 of the bestselling 737 MAXs, nine 787 Dreamliners, and a handful of 767s and 777 freightersincluding KC-46 tankers headed to defense. Southwest led the pack, taking 10 MAX jets. Boeing also locked in 116 gross new orders for June, with British Airways booking 32 Dreamliners and Alaska Airlines adding 12 MAXs. Through the first half of 2025, total deliveries hit 280, led by 206 MAX jets. Notably, Singapore Airlines did cancel three MAX orders, and June's tally was down from May, one of Boeing's strongest order months on record. Rival Airbus (EADSF) kept a narrow edge, delivering 63 aircraft in June. But Boeing's ability to restart Chinese deliveries and rack up 62 new 787 orders suggests the tide may be shifting. Widebody orderstraditionally Boeing's strongholdshowed fresh traction, possibly signaling stronger international demand recovery. With 625 net orders so far this year, Boeing still has ground to cover, but this latest data could be a meaningful step toward restoring investor confidence. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
17-02-2025
- Business
- Yahoo
Boeing Aims to Shut Down ‘Shadow Factories'
Boeing admitted that its production cannot keep up with its aircraft sales. However, the aircraft manufacturer aims to restore jet production to the pre-crisis levels it achieved before deadly crashes in 2018 and 2019 and last year's midflight door plug detachment. To accomplish this, the Wall Street Journal reported that Boeing wants to empty the aircraft stored in its shadow factories. The company defines a shadow factory as a production line where mechanics and engineers fix, maintain, and update planes rather than build new ones. Most Read on IEN: Wrecks 'Frankensteined' Into Working F-35 This Small Part Could Save the Air Force Millions Toyota's Best-Selling Trucks Have a Mud Problem PODCAST: Battery Plant Abandoned; H.B. Cuts 72 Facilities; Frankenstein F-35 Boeing uses shadow factories in Moses Lake and Everett, Washington, to work on its 737 MAXs and 787 Dreamliners, respectively. A year ago, the company estimated that it housed approximately 225 jets in shadow factories. It claims that number dropped to 115 by 2025. The MAXs are reportedly mostly from the global grounding that followed the crashes. The 787s are awaiting checks to confirm that the aircraft parts receive proper assembly after concerns regarding the production process. According to the Wall Street Journal, the shadow factories often demand Boeing's most seasoned workers. Additionally, reworks and inspections can sometimes take longer than the initial production. This desire to clear out the shadow factories comes after Boeing posted a 14% decline in full-year revenue from 2023. The company also stated that its total backlog increased to $521 billion, including more than 5,500 commercial aircraft, attributed to slowed production and a nearly two-month machinist strike. The Wall Street Journal reported that CEO Kelly Ortberg hopes to reach a monthly production rate of 38 737 MAXs and shut down the shadow facilities by midyear. Early analyst estimates indicate that the company made 20 of the aircraft in January. As for its customers, Southwest Airlines CEO Bob Jordan reportedly acknowledged progress at Boeing but noted that his company does not expect to receive the amount of jets originally promised for 2025. Click here to subscribe to our daily newsletter featuring breaking manufacturing industry news. Sign in to access your portfolio
Yahoo
12-02-2025
- Business
- Yahoo
Air India rules out more Boeing jet orders for now, CEO says
By Joanna Plucinska LONDON (Reuters) -Air India is holding off on exercising its outstanding options to buy additional Boeing jets until the planemaker has cleared its backlog, CEO Campbell Wilson told Reuters on Wednesday. "We don't want to commit to anything until we have confidence of when it's going to come. And likewise, they (Boeing) don't want to offer something until they have confidence of when it's going to come," Wilson said in an interview in London. The former state carrier is in the midst of a multi-billion-dollar revamp in the face of established competition, after Tata Group took it over more than two years ago. In 2023, Air India ordered 250 new jets from Airbus and 220 from Boeing to revive its appeal with an all-new fleet. The airline also signed options to buy an additional 70 planes from Boeing, including 50 737 MAXs and 20 787 Dreamliners. It topped that up with an order for an additional 85 Airbus jets in October. Air India previously struggled with years of limited investment under state ownership, prompting a dramatic restructuring plan. Boeing has a production cap of 38 jets a month, imposed by the U.S. Federal Aviation Administration last year after a door blew out on an Alaska Airlines plane and scrutiny of Boeing's safety and manufacturing procedures increased. Wilson said Air India was in "constant contact" with the manufacturer, with its most recent check-in taking place last week. REVAMP DELAYS Wilson said he expects Air India's plane order book to be filled more slowly than initially set out, but is hopeful its turnaround plan will bear fruit in the coming years. "We expect to get them, but do we expect to get them according to timeline? No, we don't. And I think that every airline would tell you the same thing," he said. Delays are also expected when it comes to parts and supplies needed to refit existing planes by upgrading to more premium seats and in-flight options. "We've had delays from pretty much every supplier for every one of our seat (upgrade) programs, some as short as six to nine months, others as long as 18 months," Wilson said. "That just pushes out the whole product transformation longer than we had hoped." The delivery delays do not have Air India looking to order China's COMAC planes yet. But that does not rule it out from considering the planemaker in the future, Wilson said. "If people can produce a good, safe, reliable product, and they can commit to being able to service it for the life of its operation, I think we would never be closed to alternatives," he added. Sign in to access your portfolio
Reuters
12-02-2025
- Business
- Reuters
Air India rules out more Boeing jet orders for now, CEO says
LONDON, Feb 12 (Reuters) - Air India [RIC:RIC: is holding off on exercising its outstanding options to buy additional Boeing (BA.N), opens new tab jets, its Chief Executive Campbell Wilson told Reuters on Wednesday, until the planemaker has cleared its backlog. "We don't want to commit to anything until we have confidence of when it's going to come. And likewise, they (Boeing) don't want to offer something until they have confidence of when it's going to come," Wilson said in an interview in London. In 2023, Air India ordered 250 new jets from Airbus ( opens new tab and 220 from Boeing to revive its status with an all-new fleet. The airline also signed options to buy an additional 70 planes from Boeing including 50 737 MAXs and 20 787 Dreamliners. It topped that up with an order for an additional 85 Airbus jets in October. Boeing is still facing a production cap of 38 jets a month, imposed by the Federal Aviation Administration (FAA) last year after a door blew out on an Alaska Airlines plane and scrutiny of Boeing's safety and manufacturing procedures increased. Make sense of the latest ESG trends affecting companies and governments with the Reuters Sustainable Switch newsletter. Sign up here.
