The aircraft manufacturer Boeing Company (Boeing stock) said on Tuesday that deliveries increased in September to 51 airplanes, while orders increased by 90. This indicates that there is still a high demand for new aircraft.

The 51 planes that Boeing (NYSE:BA) delivered in July were the same number that it delivered in June, when it became the first time since March 2019 that it surpassed the threshold of 50 planes delivered.

Boeing Stock (NYSE:BA), Increased In Orders and Deliveries

The profits report for the second quarter of 2022 was released by Boeing on July 27th, 2022. The 737 MAX’s continued return to service throughout the globe continues, with progress being made in China. Boeing reported a revenue of $16.7 billion and an operational cash flow of just one thousand dollars. The core (non-GAAP)* loss per share came in at ($0.37), which was significantly worse than the GAAP earnings per share of $0.32.

After a delay of 15 months, Boeing finally started delivering its 787 Dreamliner aircraft in August, which pushed the company’s total deliveries to 35 aircraft that month.

The previous month, Boeing (NYSE:BA) received orders for 51 brand-new 737 MAX aircraft as well as 45 wide-body aircraft, including 14 777s.

In September, Boeing handed over to American Airlines a total of 14 wide-body aircraft, seven of which were 787s and three of which were 787-8s (AAL).

American Airlines confirmed to Reuters on Friday that it had received four 787s from Boeing since August and that all of them are now in operation.

The total number of commercial jets on order from Boeing today stands at 4,354. During the first nine months of 2022, Boeing was successful in delivering 328 airplanes, including 267 737 MAX models.

Both the MAX 10, which is a variation of the 737 MAX that is somewhat larger than the ones now in service, and the MAX 7, which is a variant of the 737 MAX that is significantly smaller, have a regulatory clearance deadline of December. In the event that Boeing is unable to secure an extension from Congress, it will be required to comply with more current cockpit-alerting rules, which has the potential to considerably delay the planes’ introduction into service.

The week before last, government officials informed Congress that Boeing does not expect to receive permission for the 737 MAX 10 until the next summer.

 

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