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Boeing delivers 34 aircraft in November, picks up Southwest order By Reuters


© Reuters. FILE PHOTO: Grounded Boeing 737 MAX aircraft are seen parked in an aerial picture at Boeing Field in Seattle, Washington, U.S. July 1, 2019. REUTERS/Lindsey Wasson

(This December 14 story has been refiled so as to add dropped phrases in paragraph 11)

By Eric M. Johnson

SEATTLE (Reuters) – Boeing (NYSE:) Co stated on Tuesday that it handed over 34 airplanes to carriers in November, whereas including 109 jets to its 737 MAX order tally.

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The supply tally – carefully scrutinized by traders as deliveries generate much-needed money in the course of the coronavirus disaster – compares with 27 planes in October, and 7 in the yr in the past interval when Boeing was in the throes of the 737 MAX security crises.

Again in November, Boeing did not ship its superior carbon-composite 787 Dreamliner, which stays mired in inspections and retrofits prone to hold the jets sidelined till April 2022.

Of the 34 aircraft delivered final month, 28 had been 737 MAXplanes – 10 of which had been for European low-cost provider Ryanair. Boeing additionally turned over one P-8 maritime patrol aircraft to Norway, Boeing stated.

The remaining jets had been bigger widebodies: one 767 apiece for FedEx Corp (NYSE:) and United Parcel Service (NYSE:), one 747-8 for the Egyptian protection ministry, and two 767 tankers for the U.S. Air Force, Boeing stated.

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During the pandemic, many airways have been pressured to idle unused passenger jets, driving up demand for cargo house on devoted freighters at a time when e-commerce has been a lifeline for a lot of.

This yr by November, Boeing has delivered 302 aircraft, greater than twice the 118 aircraft it delivered in the primary 11 months of 2020.

Boeing had 91 orders for aircraft in November, after cancellations and cases the place a purchaser transformed an order for one kind of aircraft to a different.

It had 109 gross orders, all of which had been for its 737 MAX jetliner, which returned to service in late 2020 after a close to two-year security ban.

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That consists of an order for 72 MAX jets from India’s (*34*) Air, a deal valued at almost $9 billion at record costs that might assist the U.S. planemaker regain misplaced floor in one of many world’s most promising markets.

It additionally included an order for 30 737 MAX jets for Miami-based 777 Partners, which owns a part of Canadian low-cost provider Flair Airlines, and a beforehand undisclosed order for seven 737 MAXs for Southwest Airlines (NYSE:).

At the identical time, consumers canceled orders for 18 737 MAX jets.

Gross orders for the yr elevated from 720 to 829, or from 373 to 457 after cancellations, conversions and stricter accounting requirements had been utilized, Boeing stated.

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