Boeing showed clear signs of recovery in April by delivering 45 commercial aircraft, nearly double the 24 it delivered in the same month in 2024. This marks the fourth consecutive month in which the company has exceeded 40 monthly deliveries, solidifying a key rebound amid its efforts to stabilize production after years of crises and quality issues.
The Financial Impact of Deliveries
For Boeing, each delivery is critical. Airlines pay the majority of an aircraft’s value upon receipt, so this rebound represents tangible financial relief. After carrying heavy debt for years, the increased delivery flow is crucial for generating liquidity.
Compared to March, when the company delivered 41 aircraft, April saw an additional four units delivered. The total accumulated in the first four months of 2025 now stands at 175 aircraft: 133 of the 737 MAX model, 21 Dreamliner 787s, and 11 777 freighters.
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Despite rising tensions between the United States and China, Boeing managed to deliver two aircraft to Chinese airlines before Beijing ordered a halt to receiving new equipment from the U.S. manufacturer. These included a 777 freighter delivered to CES Leasing Corp., a subsidiary of China Eastern Airlines’ parent company, and a 737 MAX for China Southern.
Kelly Ortberg, the company’s CEO, mentioned during the quarterly earnings call that Boeing planned to deliver around 50 aircraft to Chinese customers this year. Orders from airlines in China account for approximately 10% of the company’s total commercial portfolio.
Leading Models and Airlines in Deliveries
In April, the 737 MAX once again led deliveries with 29 units, including eight for United Airlines, five for Ryanair, and another five for Southwest Airlines. Additionally, Boeing delivered eight 787s, four 777 freighters, and three 767s.
New Orders
During the month, Boeing recorded eight new gross orders, all for 737 MAX aircraft, from unidentified customers. This represents one more order than in April of the previous year. No cancellations were reported.
Thirty-two previous orders, which had not been recognized under accounting rules, were added to the firm order book. As of April 30, Boeing had accumulated 249 gross orders and 212 net orders after adjustments.
Airbus Moves Ahead in the Race
Despite the progress, Boeing still trails its European competitor. Airbus delivered 56 aircraft in April and secured 11 new orders. In May, both manufacturers announced significant agreements, including one with IAG—the parent company of Iberia and British Airways—to acquire 32 Boeing 787-10s and 21 Airbus A330-900neos.
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