'Boeing Deliveries Fall In July Amid 737 Supply Chain Hurdles' - Reuters News
Portfolio Pulse from Happy Mohamed
Boeing's aircraft deliveries fell in July due to supply chain disruptions affecting its 737 narrowbody jet. The company delivered 43 aircraft, down from 60 in June, and fewer than Airbus' 65. The 737 MAX deliveries fell from 48 in June to 32 in July, the lowest since April. Boeing CEO Dave Calhoun cited rework to fix a bracket defect, a work stoppage at supplier Spirit AeroSystems, and a bridge collapse impacting railway deliveries as reasons for the fall. Despite this, Boeing's gross orders since January rose to 579 in July.
August 08, 2023 | 3:11 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Boeing's aircraft deliveries fell in July due to supply chain disruptions, potentially impacting its revenue and stock price.
Boeing's aircraft deliveries, a key revenue driver, fell in July due to supply chain disruptions. This could negatively impact its Q3 earnings and thus its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
A work stoppage at Spirit AeroSystems, a supplier to Boeing, was cited as one of the reasons for Boeing's reduced aircraft deliveries.
Spirit AeroSystems, as a supplier to Boeing, could be negatively impacted by the reduced aircraft deliveries, potentially affecting its own revenues and stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60