- Boeing Co (NYSE:BA) delivered 26 planes in April, compared to 35 in April 2022 and far less than the 64 delivered in March 2023.
- The plane maker suffered production problems with the 737 MAX, related to o two of the eight fittings that hold the vertical tail on the fuselage.
- Its competitor Airbus SE (OTC:EADSY) delivered 54 airplanes in April, with gross orders of 5.
- Boeing received 34 orders in April, compared to 46 in 2022.
- Boeing’s year-to-date deliveries stood at 156, and Gross orders at 154. Net orders YTD were 145, and cancellations were 69.
- Also Read: Ryanair Orders $40B Worth New Aircraft From Boeing, Expects 80% Growth In Traffic By March-2034
- Boeing has 5,343 unfulfilled orders as of April 30, 2023.
- Price Action: BA shares are trading lower by 0.74% at $200.38 premarket Wednesday.
The Turkey Trade: How Does The Market Historically Perform Around Thanksgiving?
With the S&P 500 down 16% since January and the Nasdaq Composite down 29%, investors have little to be thankful for in 2022.
Thanksgiving is Thursday, and investors are likely to wonder how the market has historically performed around turkey day and the week after.
