Boeing’s Deliveries and Orders Drop Sharply in Second Quarter

Boeing Struggles as Aircraft Deliveries and Orders Decline in Q2

Boeing reported a sharp decline in aircraft deliveries and new orders during the second quarter of 2024, attributing the setback to ongoing quality control problems that disrupted its production lines.

737 MAX and 787 Dreamliner Hit by Reduced Output

In Q2, Boeing delivered 92 commercial aircraft, marking a 32% year-over-year drop. The 737 MAX saw deliveries fall by 31%, totaling 69 units, while the 787 Dreamliner—a model known for its titanium-intensive structure—plunged 55% to just nine units.

This decline follows a midair panel blowout incident involving the 737 MAX, prompting the company to reduce output and reacquire Spirit Aerosystems, its key fuselage supplier. Meanwhile, supply chain constraints continue to affect 787 production, with issues expected to persist through late 2024.

New Orders Lag Behind Airbus

Boeing received only 25 new aircraft orders in Q2, bringing gross orders for the year to 156 and net orders (after cancellations and conversions) to 115. In contrast, Airbus secured 157 orders during the same quarter.

As of June 30, Boeing’s backlog declined from 6,259 to 6,156 aircraft. The company is expected to release its full Q2 delivery data and financials on July 31.