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Investing.com -- Shares of Boeing Co (NYSE:BA) climbed 3.7% as the aerospace giant reported a surge in jet deliveries for the first quarter of 2025. The company delivered 41 jets in March, marking an increase from the 29 jets delivered in the same month the previous year, despite a slight decline from the 45 and 44 jets handed over in January and February, respectively.
Through the initial three months of the year, Boeing has delivered a total of 130 jets, which includes 104 of its flagship 737 MAX aircraft. This represents a significant improvement over the first quarter of 2024, during which the company delivered just 83 jets, including 66 MAXs.
The delivery figures were part of a broader announcement by Boeing on Tuesday, detailing major program deliveries across its commercial and defense operations for the first quarter. The company is scheduled to provide detailed financial results for the quarter on April 23. The first-quarter delivery breakdown for commercial airplanes shows that in addition to the 737 MAX, Boeing delivered 5 units of the 767, 7 units of the 777, and 13 units of the 787.
On the defense side, the company delivered a range of aircraft, including new and remanufactured AH-64 Apache helicopters, CH-47 Chinook helicopters, F-15 and F/A-18 models, among others, totaling 26 units across its Defense, Space & Security Programs.
Investors appeared to respond positively to the delivery numbers, which are a key indicator of the company's performance and financial health. The increase in deliveries is a crucial step for Boeing as it continues to recover from the setbacks it faced in recent years, including the grounding of the 737 MAX fleet following two fatal crashes.
The uptick in deliveries suggests that Boeing is making progress in clearing its inventory of aircraft that could not be delivered during the 737 MAX grounding, as well as addressing production issues that have plagued its 787 program.
As the market awaits the detailed financial results later this month, the delivery data provided a boost to investor confidence, reflecting optimism about the company's operational recovery and potential future profitability.
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