Boeing's Remarkable Recovery: Record Deliveries and Rising Orders Amid Challenges

Boeing, the renowned American aerospace company, reported a significant improvement in its airplane deliveries in November, showing a remarkable recovery from the manufacturing defect that had plagued its 737 aircraft. The company revealed that it had delivered a total of 56 airplanes last month, which is the highest number since June. 

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The deliveries included 45 of its 737 MAXs, one P-8 maritime patrol aircraft, two 777 freighters, two 767s, and six 787 Dreamliners. With these numbers, Boeing is now just eight Dreamliners away from achieving its annual delivery target of at least 70 units, while it needs 24 of its single-aisle 737s to meet its revised target of at least 375 jets.

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If Boeing can deliver 49 737s in December, it will achieve its original goal of at least 400 narrowbody jets. The company's Chief Financial Officer, Brian West, had predicted in October that 737 deliveries would improve in November and December after the resolution of a supplier error that forced Boeing to conduct extensive inspections of its 737s in the production line and inventory. 

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In November, Boeing received 114 gross orders, which included a deal with Emirates for 90 widebody 777Xs, a highlight of the Dubai Airshow last month. However, there were also ten cancellations of 737 orders from unidentified customers, leaving Boeing with 104 net orders for the month. As of January, Boeing's gross orders have risen to 1,085 units, which is equivalent to 945 net orders after accounting for cancellations and conversions. After accounting adjustments, the company's net orders stood at 1,207 units.

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