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Boeing delivers 33 planes in September, but strike impact looms | Real Time Headlines

Boeing 737 parked on the ground in Renton, Washington.

Leslie Josephs | CNBC

boeing company Thirty-three aircraft were delivered in September, six more than the same period last year, as the company and its customers closely monitor the impact of the epidemic machinists strikeit’s now the fourth week.

Boeing has delivered 291 aircraft through September, well below the 371 aircraft delivered in the first nine months of 2023.

Last month, Boeing delivered 27 of its best-selling 737 Max aircraft to customers, including United Airlinesreceived five, and Ryanair and Southwest Airlinesrequiring three of each. Delivery is critical for Boeing. More than $8 billion has been burned this year as customers pay most of the cost when they receive the planes.

The planes are made in Renton, Washington, one of the plants where machinists went on strike after workers went on strike on Sept. 13. The interim agreement was overwhelmingly rejected The company has reached an agreement with the union. This week, the two sides returned to the bargaining table despite the union’s rejection of sweet quotes From Boeing last month.

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All but 10 of the 27 Max planes were handed over before the strike began, said Sheila Kahyaoglu, an aerospace analyst at Jefferies. She predicted in a note on Monday that Boeing would produce 25 Max planes per month if the strike ends in October, but the company’s original plan to produce 38 Max planes per month would be delayed by a year.

Boeing is due to report quarterly results on Oct. 23, when it will detail the financial impact of the strike.

September deliveries also include four 787 Dreamliners, which are built at Boeing’s non-union factory in South Carolina. This month, Boeing received a total of 66 new aircraft orders.

After a near-catastrophic incident in January on one of Boeing’s new 737 Max 9 aircraft, the company spent much of its time dealing with its door jam issues. Missing key bolts It exploded.

The company has a backlog of 5,456 aircraft.

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