Boeing delivers 22 airplanes in August amidst the transfigured domestic travel

Boeing said it received orders for 53 aircraft in August, including 35 MAX and 18 widebody aircraft.

As per a report published by Reuters, Boeing Co shipped 22 aeroplanes in August amidst the transfigured domestic travel and received orders despite industrial flaws and delivery lag.

Out of the 22 jetliners shipped the previous month, 14 were 737 MAX passenger jets and P-8 maritime patrol aircraft were two in quantity. Rest were six widebodies jets and three KC-46 tankers for the U.S. Air Force. To date, Boeing has delivered a total of 206 aircraft. European competitor Airbus shipped 40 jets in August, completing its target of 384.

Crucially, Boeing has virtually eliminated a stockpile of up to 200 unwanted jets known in the industry as “whitetails” left by the MAX crisis, according to industry sources. But it is grappling with structural defects in its bigger 787, which have caused it to cut production and halt deliveries.

Boeing said it received orders for 53 aircraft in August, including 35 MAX and 18 widebody aircraft. The order comprised of eleven 777 freighters, meant for the FedEx Corp, including 10 more bought from an external buyer. Boeing refused to identify the order and declined its ownership. An overall 23 jets were being ordered in August, followed by cancellations and conversions.

Industry sources said, “Boeing is close to winning an order for some 70-100 737 MAX jets from India’s Akasa, a budget startup founded by billionaire Rakesh Jhunjhunwala, pending separate talks on a long-term engine service deal.” However, it remains in a clash with the Irish-based airline Ryanair, which is one of their biggest customer over the issue of pricing. The issue of valuation is over an order of one around 250 MAX jets as demand surges in Europe.

Commenting on the same the market observers said: Boeing has signalled more confidence on prices after securing orders from United Airlines and others, and after finding homes for all but 20 of the “white tails”.

 

 

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