Boeing Delivers 314 Jets in First Half, Highest Since 2018
BA sits 24% above its 52-week low of $176.77 on light trading volume (0.1× avg).
Summary
Boeing delivered 64 jets in June, bringing first-half deliveries to 314 — a 12% increase over last year and the best first half since 2018. The company is ramping 737 MAX output from 42 to 47 per month, with second-half deliveries expected to rise further. June net orders hit 113, while gross orders reached 121, pushing year-to-date net orders to 408. The 737 MAX program reached a milestone with 7,206 total orders, surpassing the 737 NG. This follows a series of positive developments including the Spirit AeroSystems acquisition, a 200-jet China order, and plans to boost 737 production to record levels. The delivery and order momentum signals strengthening execution and demand, directly supporting the production ramp and revenue growth.
At the time of this announcement, BA was trading at $219.43 on NYSE in the Manufacturing sector, with a market capitalization of approximately $173B. The 52-week trading range was $176.77 to $254.35. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.