Boeing jet deliveries slow in March due to 737 MAX wiring issue
Tweet
Share
E-mail
FILE PHOTO: Boeing 737 MAX aircraft are assembled at the company?s plant in Renton, Washington, U.S. June 25, 2024. Jennifer Buchanan/Pool via REUTERS/File Photo
By Dan Catchpole
SEATTLE, April 14 (Reuters) - Boeing said on Tuesday it delivered 46 jets in March, down from 51 the prior month, as the company repaired damaged wiring in about 25 of its best-selling 737 MAX planes.
Boeing did not specify on Tuesday how many deliveries were delayed by the rework. In March, Boeing Chief Financial Officer Jay Malave said it was expected to push 10 737 deliveries into the second quarter but that it would not affect 737 deliveries for the year.
The U.S. planemaker's deliveries trailed European rival Airbus, which handed over 60 jets in March. Boeing has lagged Airbus in deliveries every year since 2018. Investors closely track deliveries, as planemakers receive most of the money for a jet when it is handed over to a customer.
Boeing booked 33 new orders, minus two cancellations, for a total of 31 net new orders in March.
* Boeing delivered 143 jets in the first three months of theyear, ahead of Airbus' 114 deliveries as the European planemakerstruggles with engine shortages. * Boeing had delivered 41 jets in March 2025. * Last month, Boeing delivered 33 737 MAX jets, one 737 NextGeneration (NG) for conversion into a P-8 for the U.S. Navy,seven 787s, three 777 freighters, one 767 freighter and one 767for conversion into a KC-46 aerial refueling tanker for the U.S.Air Force. * Boeing booked 25 new 737 orders, all for unidentifiedcustomers, in March: 20 737 MAX jets and five 737 NGs. * The company booked eight 787 orders for unidentifiedcustomers. * Air Europa and Enter Air each canceled a 737 MAX order. * Boeing booked 149 new orders after adjusting forcancellations and conversions in the first quarter. * Boeing finished March with an order backlog of 6,127 jets:4,368 737s, 94 767s, 606 777s and 1,059 787s.(Reporting by Dan Catchpole in Seattle; Editing by Jamie Freed)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- North Korea held live-fire drills involving artillery and missiles, KCNA says
- Saudi pipeline outage threatens loss of 4% of global oil supply
- Analysis-Houthis' Yemen advance leaves Gulf states with uncomfortable choice
Create E-mail Alert Related Categories
ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
