Boeing’s April Deliveries Decline 59% Sequentially

Boeing Co (NYSE:BA) delivered 26 planes in April, compared to 35 in April 2022 and far less than the 64 delivered…
  • 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.
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