SUMMARY
- Boeing records a solid month with 60 aircraft deliveries, the highest number since March.
- A boost in the order book with 288 net aircraft orders in June, a significant proportion of which come from a landmark deal with Air India.
- Boeing sets sights on accelerating production of 737 Max planes and 787 Dreamliners, with updates expected in Q2 results announcement on July 26th.
In a testament to their continued strength and resilience, Boeing handed over the keys to 60 shiny, new aircraft in the month just past, marking the highest number since the third month of the year. They're putting pedal to the metal, working overtime to meet the sky-high demand for some of their best-loved aircraft models.
As we cross the midpoint of the year, the tally stands at 266 aircraft from Boeing’s hangars into the hands of satisfied customers. Yet, this falls a tad short of the 316 flying wonders Airbus has successfully handed over. The race is fierce and fast, both giants battling to increase their output speedily enough to dodge any delays for their airline customers, who are clamouring for more planes amidst an air travel bonanza.
Tuesday brought more good news for Boeing. The aircraft manufacturing titan confirmed they received orders for a whopping 288 aircraft, after accounting for cancellations and conversions, last month. A significant chunk of this came from the gargantuan order Air India declared earlier in the year and confirmed at the Paris Air Show last month. This monumental 470-jet order was split between Boeing and Airbus, with nearly 40 787 Dreamliners dedicated to Saudi's fresh-faced carrier, Riyadh Air, as part of a deal unveiled in March.
The grand total for Boeing’s net orders last month reached a sky-high 305 aircraft once additional planes were factored into their backlog. Routine adjustments to the backlog, which can include additions or removals of planes, depend on factors like a customer's financial ability to make the purchase.
Looking ahead, mark your calendars for July 26th when Boeing is set to unveil its second-quarter results. It will be the day when they'll shed light on their plans for ramping up production of their popular 737 Max planes and 787 Dreamliners.
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