Boeing posts first net positive orders since November 2019

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Boeing began March 2021 with a very positive note, as the company’s latest Orders and Deliveries data pointed that it managed to achieve its first net positive orders since November 2019.

All in all, the planemaker booked 82 aircraft orders in February 2021. Singapore Airlines (SIA1) (SINGY) booked 11 Boeing 777X aircraft, as it switched up its order book from the 787 to the newest iteration of the Triple Seven, while United Airlines ordered 25 Boeing 737 MAX narrow-bodies. In addition, 14 B737 MAX, one 747-8 and four 787 Dreamliner aircraft were assigned to unidentified customers, while the United States Air Force (USAF) signed up for 27 KC-46, which is based on the Boeing 767, aircraft.

Following cancellations and contractual changes, Boeing’s net orders for 2021 year-to-date (YTD) is 34 aircraft, the first time that the manufacturer was able to report net positive orders since November 2019. Throughout 2019, a fair share of orders was canceled as the 737 MAX was grounded following the type’s second fatal crash in Ethiopia in March 2019.

In terms of deliveries, the planemaker shipped off 22 aircraft from its factories to customers: 18 Boeing 737 MAX, one 767F and one 777-300ER aircraft. Furthermore, two military aircraft, namely one P8 Poseidon and one KC-46 were delivered to the US Navy and the USAF, respectively.

Still, the company has not handed over a single Boeing 787 Dreamliner since October 2020, as multiple production issues forced the planemaker to halt deliveries of the wide-body jet.