CA - Boeing Airplane Deliveries Jump Freighter Win Orders

2024-07-10 17:41:46 ET

Summary

• Boeing's June orders included 14 airplanes, primarily focused on freighters, with a net order value of $1.7 billion.
• Boeing delivered 44 airplanes in June, including 35 single aisle and 9 wide body planes, valued at $3.3 billion.
• Despite challenges, Boeing is making progress in improving quality, increasing deliveries, and repairing its reputation through smoother inflow of aerostructures.

Boei ng ( BA ) ha s been in the news for all the wrong reasons this year and while the sentiment is negative, I believe the biggest positive changes are the upcoming departure of David Calhoun as CEO and the acquisition of Spirit AeroSystems that was announced earlier this month giving Boeing more oversight and ability to control quality. It is a long way for the company to be where it is supposed to be, but we are already seeing a smoother inflow of aerostructures in Boeing’s assembly system with less rework required. That should help the company improve quality, increase deliveries and repair its reputation....

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