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Investing.com -- Boeing (NYSE:BA) reported an increase in aircraft deliveries for February, delivering a total of 44 planes, a significant rise from the 27 aircraft delivered in the same month last year. The company is focusing on stabilizing and increasing the production of its 737 MAX and 787 models.
The February delivery figures were only slightly lower than those from January, when the company delivered 45 aircraft, marking its best single-month performance since 2023. The February deliveries included 32 of the popular 737 MAX single-aisle jets and five 787 widebody planes.
The number of aircraft deliveries is a key indicator watched by Wall Street, as a majority of payments to planemakers occur when the jets are handed over to their customers.
In terms of orders, the U.S. planemaker recorded 13 gross orders in February, but with eight cancellations, the net total stood at five orders. All new orders were for the 737 MAX jets.
Among the orders was one from Singapore-based BOC Aviation for five MAX planes. The leasing company plans to lease these planes to Arajet, a carrier based in the Dominican Republic, which had canceled its own order for five MAXs. The list of cancellations also included Western Global Airlines, a Florida-based cargo carrier, which retracted orders for two 777 freighters.
In the first two months of the year, Boeing has booked a total of 41 net orders. This figure is lower compared to its European competitor, Airbus, which has recorded 65 net orders during the same period.
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