Boeing deliveries fall by half in April due to 737 MAX bracket defect

Boeing deliveries fell to 26 airplanes in April, less than half of the previous month's total, after a manufacturing defect forced the company to halt some shipments of its bestselling 737 MAX passenger jet. Deliveries of the MAX, which had climbed to 52 narrowbody jets in March, dropped to 17 planes last month. That left passenger jet deliveries for the US planemaker at their lowest level since July 2022, as well as below the 35 planes delivered last April. Boeing booked 13 net orders after factoring in 21 cancelled orders, including a sale-leaseback deal for three MAXs for lessor BOC Aviation for planes originally ordered by Dominican Republic operator Arajet. In addition to the MAXs, Boeing also delivered six 787 Dreamliners, one 767 freighter, one 777 freighter and one 737-800 jet to its defense business to be converted into a P-8 Poseidon maritime patrol aircraft for South Korea. Aircraft deliveries are closely watched by Wall Street because planemakers are able to collect the majority of its money when they hand over jets to customers. The latest impediment to Boeing's deliveries involves two brackets that connect the MAX's aft fuselage with its vertical tail that were incorrectly installed by fuselage maker Spirit AeroSystems Holdings. Boeing estimates that about 75% of the 225 MAXs in its inventory have brackets that will need to be reinstalled before customers can take possession of the jets.<br/>
Reuters
https://www.reuters.com/business/aerospace-defense/boeing-deliveries-fall-by-half-april-due-737-max-bracket-defect-2023-05-09/
5/10/23