Industrials

Boeing’s (BA) deliveries and orders declined month over month for August, while the plane maker’s share price was falling in late-afternoon trade. The company delivered 40 jets last month, including 32 737 Max aircraft, down from a total of 43 in July, but up from 35 a year earlier, according to data posted on its website. It booked 22 orders in August, down from 72 the previous month and 45 a year earlier. Boeing shares were falling 2.3% in Tuesday late-afternoon trade. The company’s latest 737 supplier master schedule indicates that Max production will now reach 42 per month in March 2025, compared with a previous estimate of September this year, Reuters reported Monday, citing three industry sources. “We note the (Federal Aviation Administration) production limit on the Max of 38 (per month) remains in place indefinitely as (Boeing), investors, and the aerospace community overall wait for a green light […]

Boeing and the International Association of Machinists and Aerospace Workers Union have a tentative agreement to avoid a strike at the aircraft maker’s key Washington facilities. That should help the stock on Monday. On Sunday, Boeing announced it had reached a tentative agreement with the union covering some 33,000 workers in the Pacific Northwest, where the company builds 737 MAX and 777 jets. The existing labor contract expires on Sept. 12. Union membership will still have to ratify the new contract. “We have reached a tentative agreement with the union on a historic offer that takes care of you and your family,” said Boeing Commercial Airplanes CEO Stephanie Pope in a video message to employees. “The contract offer provides the largest-ever general wage increase, lower medical cost share to make healthcare more affordable, greater company contributions toward your retirement, and improvements for a better work-life balance.” The tentative agreement includes

NASA’s decision to bring Starliner astronauts Butch Wilmore and Suni Williams home on a SpaceX spacecraft represents ‘another hit’ for Boeing, says Jefferies As the saga of Boeing Co.’s Starliner spacecraft continues, the aerospace company has recorded more than $1 billion in forward losses, according to analyst firm Jefferies. The latest twist in the Starliner saga came Saturday when NASA said that astronauts Butch Wilmore and Suni Williams will return to Earth on a SpaceX capsule, after the Starliner spacecraft that took them to the International Space Station was bes

Boeing (BA) Chief Executive Officer Kelly Ortberg told union representatives this week that he is “committed to reset” the company’s relationship with workers as the aircraft maker heads into labor negotiations next month, Bloomberg reported Friday. Ortberg held meetings with the presidents of Boeing’s largest union and another labor group during his first week on the job and said he wanted a new contract “where we can come together to build a strong future for our employees in the region,” Bloomberg reported, citing a memo sent to Boeing employees. The company is in the “final phase” of contract negotiations with labor groups representing over 33,000 workers, according to the memo.

Boeing delivered 43 airplanes in July, a second straight relatively solid month for the jet maker as it works to ramp up production amid supply-chain glitches and in the wake of January’s Alaska Airlines door-plug blowout. That total included 32 737 jets, three fewer than Boeing delivered in June but higher than earlier in the year when it was delivering between 15 and 25 narrowbodies per month. Deliveries included six 787s, four 767s and one 777 freighter. Boeing’s backlog is now 5,477, down from 5,506 at the end of June.

Boeing Delivered 218 Airplanes Year-To-Date Through July, Including 166 MAX; Reports 43 Commercial Jet Deliveries In July, Matching Last Year’s Numbers, With 31 737 MAX; 228 Gross Aircraft Orders Through July, 72 In July Alone Including 57 For 737 MAX; Net 186 Orders After Cancellations/Conversions; Six 787 Jets Delivered In July; One 737 MAX Cancellation From Aerolineas Argentinas

Israel’s planned order for up to 50 of Boeing’s revamped F-15 fighter jets and modernization of another 25 aircraft underpins plans to boost annual output to 25 as early as next year. The potential $18.8 billion deal, notified to Congress on Tuesday, would involve deliveries from 2029. That’s some 41 years after the plane was initially deployed by the U.S. Air Force, which received the first of its revamped F-15EX models in June.

By James Rogers ‘These commercial companies cannot afford to have an accident because it could completely end their program,’ notes former astronaut Eileen Collins Boeing Co.’s confidence in the ability of its Starliner space capsule to bring NASA astronauts Butch Wilmore and Suni Williams back home to earth “speaks volumes” amid the uncertainty swirling around the troubled mission, according to former Space Shuttle commander Eileen Collins. There was a major twist in the Starliner saga last week when NASA discussed the possibility of bringing astronauts Wilmore and Williams back to Earth on a SpaceX Crew Dragon spacecraft. But in a statement released after NASA’s Aug. 7 press conference, Boeing (BA) said that Starliner could still bring Wilmore and Williams safely home. “Crew Flight Test is currently a crewed mission, and we still believe in Starliner’s capability and its flight rationale,” the company said. “If NASA decides to change the mission,