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Boeing strike sinks October deliveries to 14 jets
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Boeing strike sinks October deliveries to 14 jets
Nov 12, 2024 8:31 AM

*

Strike halted most of Boeing's ( BA ) aircraft production from

Sept 12

to Nov 5

*

FAA oversight heightened as Boeing ( BA ) resumes 737 MAX, 767,

777,

777x production

*

Boeing ( BA ) booked 63 gross orders in October, including 46

737s and

10 787s

SEATTLE, Nov 12 (Reuters) - Boeing ( BA ) said on

Tuesday it delivered 14 commercial jets in October, less than

half of the 34 jets it handed over to customers during the same

month in 2023, after a weeks-long strike halted most of its

aircraft production.

The U.S. planemaker is requiring all of its West Coast factory

workers to be back at work on Tuesday after the strike ended on

November 5, but added in a statement that it will be several

weeks before airplane production gets fully underway.

Boeing ( BA ) is facing heightened oversight by the U.S. Federal

Aviation Administration (FAA) as it resumes output of its

strongest-selling 737 MAX jets, along with 767, 777 and 777x

models, after their production was halted during the strike

which started on Sept. 12.

The planemaker is trying to grow 737 production to hit a

rate of 38 a month to generate needed revenues, after the strike

weighed on its September and October deliveries. Boeing 787

production in South Carolina was not affected by the strike.

The planemaker delivered 34 jets during October 2023, when it

struggled to correct a manufacturing defect in the 737 MAX.

Boeing ( BA ) was already operating a slower 737 MAX assembly line

since a Jan. 5 in-flight blowout of a door plug on a near new

model heightened regulatory scrutiny.

Boeing ( BA ) said it will continue monitoring production to ensure

safety and quality and will ensure employee training

certifications are current.

October deliveries included nine 737 MAXes, four 787 and one

767 freighter for FedEx ( FDX ), according to Boeing ( BA ). From the strike's

beginning through October, the company delivered 24 aircraft.

The company booked 63 gross orders during the month with

no cancellations, including 46 737s, four 777 freighters and 10

787s.

Since the beginning of the year, Boeing ( BA ) has recorded 378

gross orders and 335 net orders after cancellations and

conversions. After also adjusting for accounting standards,

Boeing ( BA ) booked 141 net orders.

Boeing ( BA ) said 220 gross orders, or nearly 60% of its orders

during the year, were placed between July and October.

Boeing's ( BA ) European rival Airbus (AIR.PA) said on Nov 7 it had

delivered 62 jets in October, as the world's largest planemaker

tries to reach an annual goal of "around" 770 planes, revised

down from 800 in July after supply chain problems.

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