Boeing delivered 348 commercial aircraft last year, fewer than half as many as rival Airbus.It's the sixth year in a row Boeing has lagged behind its European competitor.After a troubling year, the planemaker has a plan to turn things around.Boeing reported last year's delivery figures late Tuesday, and they show the scale of the challenge that lies ahead. The embattled planemaker delivered 348 commercial aircraft in 2024 — down by just over a third since the year before. It was its lowest figure since the ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: The 787 Dreamliner, one of two major Boeing jets that serve as the revenue lifeblood for the embattled aviation giant. Boeing delivered just 348 commercial planes in 2024 according to figures released Tuesday that showed the ugly effects from a year of labor disruption and safety setbacks. The annual figure was well below 2023 ...

Boeing's Performance and Challenges - Boeing was the worst-performing stock in the Dow Jones Industrial Average on Tuesday due to declining plane deliveries [2][5] - Boeing delivered 57 commercial planes in Q4 2024, down from 157 a year ago, and 348 for the full year, down from 528 [2] - Airbus delivered 269 planes in Q4 2024 and 766 for the full year, its highest since 2019, widening the gap with Boeing [2] Impact of Labor Dispute - Boeing's Q4 production was impacted by a nearly two-month strike by union machinists, resolved in November with a new contract agreement [3] Safety and Operational Setbacks - Boeing is still recovering from the Alaska Airlines incident in January 2023, where a 737 MAX plane had a door panel detach midair [4] - The FAA stated that Boeing's safety turnaround plan is "not a one-year project" [4] - In December 2023, a 737-800 operated by Jeju Air crashed, killing 179 people, adding to Boeing's challenges [4] Stock Performance - Boeing's shares slid 3% intraday and have lost nearly a quarter of their value over the past year [5] - The company is set to report its Q4 results on January 28 [5]

Boeing 737 Max planes sit at the airport in Renton, Washington.Leslie Josephs | CNBCBoeing handed over 348 airplanes in 2024, about a third fewer than it did a year earlier as the aerospace giant struggled with a crisis after a midair door panel blowout a year ago and a machinist strike in the fall that halted production.The tally widened the delivery gap with Boeing's chief rival, Airbus, which gave 766 jetliners to customers last year, the most since 2019, though both companies are facing supply chain str ...

ARLINGTON, Va., Jan. 14, 2025 /PRNewswire/ -- The Boeing Company [NYSE: BA] announced today major program deliveries across its commercial and defense operations for the fourth quarter of 2024.The company will provide detailed fourth quarter financial results on January 28. Major program deliveries during the fourth quarter were as follows: Major Programs 4th Quarter 2024 Full Year 2024 Commercial Airplanes Programs 737 36 265 767 3 18 777 3 14 </td ...

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If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.Jet maker The Boeing Company (NYSE: BA ) has been unable to turn the business around since the first Boeing 737 MAX crash in 2018. Expectations were high going into 2024, but the door plug accident withDhierin runs the investing group The Aerospace ...

Airbus Performance and Market Position - Airbus finished the year with a backlog of 8,658 aircraft, significantly higher than Boeing's 5,499 as of November [1] - Airbus delivered 766 commercial aircraft in 2024, four short of its revised target of 770, down from an initial target of 800 due to supply-chain constraints [3][8] - Airbus likely delivered about twice as many planes as Boeing, which delivered 318 jets by the end of November [2][3] - Airbus' share price rose 14% in 2024, while Boeing's stock fell 31%, making Boeing the biggest loser in the Dow Jones Industrial Average [4] Boeing's Challenges and Market Position - Boeing delivered 318 jets by the end of November, significantly fewer than Airbus [2] - Despite its struggles, Boeing's market cap remains around $128 billion, nearly the same as Airbus' [7] Supply Chain and Production Issues - Airbus faced persistent supply chain issues, particularly in engines, aerostructures, and cabin equipment, leading to a reduction in its 2024 delivery target from 800 to 770 planes [5] - Airbus delayed plans to increase production of the A320neo family due to these supply chain challenges [5] - Airbus managed to reach its delivery target with a strong end-of-year push, delivering 123 planes in December compared to an average of 58 in the preceding 11 months [6] Future Outlook and Analyst Predictions - Airbus is set to provide guidance for 2025 deliveries when it reports earnings next month, with Bank of America analysts expecting the guidance to be between 800 and 810 planes [6] - Bank of America is bullish on Airbus, naming it one of its 25 stocks for 2025 [9] - Airbus' primary focus is expected to be on its integration with Spirit AeroSystems, aiming to stabilize fuselage production [9]

Boeing's Performance in 2024 - Boeing's shares declined by 32.1% in 2024, reflecting a challenging year marked by operational issues, labor disputes, and management changes [1] - The company faced significant cash outflows and disappointing airplane deliveries, particularly for the 737 MAX [1] Commercial Aerospace Challenges - A high-profile door plug blowout on a Boeing 737 MAX raised safety and quality concerns, leading to slowed deliveries in the spring [2] - A protracted labor dispute resulted in strikes and production shutdowns, preventing Boeing from achieving its target of 38 monthly 737 MAX deliveries [3] - The 777X program faced further delays, with the first delivery now expected in 2026, increasing costs and tying up cash in inventory [4] Defense Segment Struggles - Boeing Defense, Space & Security (BDS) faced ongoing supply chain pressures and incurred charges on fixed-price development programs procured during less inflationary times [5] Leadership Changes and Future Outlook - Industry veteran Kelly Ortberg replaced Dave Calhoun as CEO in August 2024, and Ted Colbert stepped down as BDS CEO in September [6] - Despite challenges, Boeing secured a large 737 MAX order from Pegasus Airlines, indicating continued airline confidence [7] - The company has a multiyear backlog of 737 MAX orders and remains optimistic about demand for widebodies like the 777X [7] - If execution improves under Ortberg, Boeing could see a strong 2025 and work toward developing a new plane by 2035 [8]

A Delta Boeing 737 and an American E175 taxi at LaGuardia in May 2024. (Photo by Charly Triballeau ... [+] )AFP via Getty ImagesIn 2024, Boeing shares fell 32% while United Airlines shares gained 135%, easily eclipsing the performance of equities in the six other major U.S. airlines.Neither scenario is likely to be repeated in 2025, says a top Wall Street analyst.“My number one pick in every sector is Boeing,” Stephanie Link, chief investment strategist and portfolio manager at Hightower Advisors, said Tues ...