Modern Crypto Trader
  • Investing
  • Politics
  • Stock
  • Business
Business

Boeing delivers most airplanes since late 2023 after ramping up 737 Max output

by admin July 9, 2025
July 9, 2025

Boeing delivered 60 airplanes last month, the most since December 2023, as the plane maker seeks to raise production of its bestselling 737 Max jets after a series of manufacturing and safety problems.

The tally was the highest since before a door plug from one of its new 737 Max 9 planes blew out midair in January 2024, sparking a new crisis for the company and slowing production and deliveries of aircraft. Of the monthly total, 42 were 737 Maxes, going to customers including Southwest Airlines, Alaska Airlines and United Airlines.

CEO Kelly Ortberg, who took the top job at Boeing last August, has said the company has made progress in improving production rates and quality on its factory lines.

For the three months ended June 30, Boeing handed over 150 airplanes, its best second quarter since 2018, before two crashes of Max planes five months apart grounded the jets and sparked a multiyear crisis at the top U.S. exporter. That was also the last year Boeing posted an annual profit. Its problems also gave rival Airbus a bigger lead over Boeing.

Boeing this spring had been producing about 38 Max aircraft a month and will need Federal Aviation Administration approval to go above that limit, which the agency set after the door plug accident. Ortberg said at a Bernstein investor conference in late May that he’s confident that the company could increase production to 42 of the jets a month.

The company booked 116 gross orders in June, or 70 net orders when including cancellations and accounting adjustments. Boeing often removes or adds orders to its backlog for a variety of reasons including customers’ financial health.

Boeing’s backlog stood at 5,953 as of June 30.

The manufacturer is set to report second-quarter financial results on July 29, when investors will be focused on Ortberg’s plan to increase production and aircraft deliveries.

This post appeared first on NBC NEWS

previous post
The Best Five Sectors, #26
next post
Waymo offers teen accounts for driverless rides

Related Posts

Trump Media to merge with nuclear fusion company

December 20, 2025

Shopify says a daylong Cyber Monday outage has...

December 4, 2025

Prada Group says it has purchased fashion rival...

December 4, 2025

Dell family donation to offer 25 million kids...

December 4, 2025

Starbucks to pay about $35M to NYC workers...

December 3, 2025

Apple’s AI chief abruptly steps down

December 3, 2025

Airbus says most of its recalled 6,000 A320...

December 2, 2025

Campbell’s fires executive accused of racist remarks and...

November 29, 2025

Bitcoin and other crypto assets sink in flight...

November 24, 2025

Stock market sinks as AI and interest rate...

November 24, 2025

Stock

  • Chart Mania – 23 ATR Move in QQQ – Metals Lead 2025 – XLV Oversold – XLU Breakout – ITB Moment of Truth

    July 26, 2025
  • Momentum Leaders Are Rotating — Here’s How to Find Them

    July 25, 2025
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    July 25, 2025
  • A Wild Ride For the History Books: 2025 Mid-Year Recap

    July 24, 2025
  • Is META Breaking Out or Breaking Down?

    July 24, 2025
  • Contact us
  • Privacy Policy
  • Terms & Conditions
  • Thank you

Copyright © 2025 moderncryptotrader.com | All Rights Reserved

Modern Crypto Trader
  • Investing
  • Politics
  • Stock
  • Business