Boeing deliveries reach highest monthly level since March 2019

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Boeing delivered 51 airplanes in June to bring its first-half tally to 216 jets, up 38% from the same period last year, pushing its shares sharply higher on Tuesday.

June’s deliveries exceeded the 50 threshold for the first time since March 2019 and included 43 Boeing 737 MAX, which is recovering from a nearly two-year safety crisis, according to new company data.

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Jefferies analyst Sheila Kahyaoglu estimated that MAX’s average production rate in the second quarter was 28 per month.

Dreamliner deliveries have been halted for a year while Boeing and regulators address production issues.

As for new orders, Boeing secured 50 aircraft orders in June, including 49 MAXs, of which 48 were sold to customers whose names were not immediately released. The only public buyer was American Airlines, Reuters reported.

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Boeing accepted cancellations of 35 planes in June, mostly related to airline restructurings, including 29 jets originally destined for Norwegian Air.

In total for the first half of the year, Boeing recorded 286 gross orders and received 100 cancellations, leaving a net total of 186.

Boeing’s undelivered backlog after these so-called ASC-606 accounting adjustments stood at 4,239 units at the end of June.

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