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Investing.com -- Boeing (NYSE:BA) announced on Tuesday that it delivered 45 commercial jets in April, a significant increase from the 24 airplanes it delivered in the same month a year ago. The delivery of aircraft is an important metric for Wall Street as the majority of payment for planemakers comes when they hand over jets to customers. Boeing, which has been dealing with years of crises and production issues, is heavily burdened with debt and needs to increase deliveries to generate more cash.
The April deliveries included two jets to Chinese airlines before Beijing instructed airlines to halt the acceptance of Boeing airplanes due to an ongoing trade dispute between China and the United States. The company also delivered four more jets in April than the 41 it delivered in March.
A 777 freighter was delivered to CES Leasing Corp., which is owned by the parent company of China Eastern Airlines (OTC:CEAYY), and a 737 MAX was delivered to China Southern. Four 737 MAX aircraft were located at Boeing’s finishing center in Zhoushan, China, when U.S. President Donald Trump announced hefty tariffs against China in April. After China paused deliveries, these planes were flown back to Seattle and are currently stationed in Moses Lake in central Washington State.
In April, Boeing delivered 29 737 MAX planes, including eight for United Airlines, five for Ryanair, and five for Southwest Airlines (NYSE:LUV). The company also delivered eight 787s, four 777 freighters, and three 767s.
April marks the fourth consecutive month where Boeing delivered more than 40 jets. The company has been focusing on stabilizing the production rate of its top-selling 737 MAX, which faced quality issues in 2024.
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