2020 was a year to forget for Boeing, but it ended well for the world’s largest aerospace company with its troubled best-selling jet receiving a vote of confidence from carriers.
Boeing reported Tuesday that it delivered 39 jets to customers in December, allowing it to close a disappointing year in the best manner possible – with its best month. In all, Boeing delivered 157 aircraft in 2020, its lowest since 1977.
The December spike in sales follows the ungrounding of the 737 Max in the U.S. and Brazil after nearly 20 months, with Europe set to allow the aircraft to fly again in its skies.
Significantly, the only passenger aircraft that the company delivered in December were Max 737s. Boeing delivered 27 jet of the type in the last month of the year – ten to American Airlines, eight to United, one to Panamian carrier Copa, and the rest to leasing companies. The deliveries mark the first time an airline has taken the air plane since it was grounded in March 2019. The company also delivered nine freighters and three military versions of commercial planes.
Boeing had 90 new orders in December, including 75 more 737 Max jets for Ryanair, but the company had 107 earlier orders canceled during the month. The company saw orders for 184 jets in 2020, but the gains were more than offset by 655 canceled orders. The company ends the year with an order backlog of 4,223 planes.
The company has been reeling from the twin effects of the 737 Max being grounded, after two deadly crashes that killed 346 people, and the sharp global dip in air travel because of COVID-19. Boeing had had to slash production rates and has laid off thousands of employees with airlines either cancelling or deferring orders.
“As we continue navigating through the pandemic, we’re working closely with our global customers and monitoring the slow international traffic recovery to align supply with market demand,” said Boeing CFO Greg Smith. “In 2021, we’ll continue taking the right actions to enhance our safety culture, preserve liquidity and transform our business for the future.”
Just weeks after successfully flying a first-of-its-kind hydrogen-electric air taxi demonstrator 523 miles, Joby Aviation is at the year's biggest…
At the show, Altair is highlighting innovations in engineering simulation, artificial intelligence (AI), and high-performance computing (HPC) that are transforming…
New Boeing Commercial Airplanes CEO Stephanie Pope has spent her first four months in the role doing a lot of…
On the eve of the 45th Farnborough Airshow, urban air mobility (UAM) company Eve Air Mobility unveiled the aircraft being…
With Boeing choosing not to bring any of its signature jets to the Show, Airbus has the battle for the…
Qantas, working with Airbus, Sydney’s Charles Perkins Centre and Caon Design Office, has created lightning to reduce Jetlag for its…
Boeing has forecast the need for 44,000 new aircraft over the next 20 years as air travel surpasses pre-pandemic levels.…
General Atomics Aeronautical Systems, Inc. (GA-ASI) successfully conducted a flight of its MQ-9B SkyGuardian Remotely Piloted Aircraft on 15 July…
The HENSOLDT Group has announced a restructuring initiative to accelerate growth and maximise the benefits of its recent acquisition of…
Pratt & Whitney and SR Technics have announced the induction of the first GTF engine at the MRO service provider's…
The Airbus A321XLR powered by CFM LEAP-1A engines has received its Type Certification from the European Union Aviation Safety Agency…
The Czech Republic is buying 200 Lockheed Martin-made Hellfire air-to-ground missiles AGM-114R and related equipment from the United States at…
MBDA is unveiling advanced effectors for MBDA’s flagship Sky Warden counter-drone solution, as well as a new VSHORAD missile, at…
Embraer delivered 47 jets in 2Q24, an 88% increase compared to the previous quarter (qoq), when 25 jets were delivered.…
Buoyed by its success in the field, Havelsan is promoting its pilot training equipment solutions at the show. The Turkish…
Turkey's leading defence company Aselsan, which is making its first appearance at Farnborough, is showcasing air radar, communication, electro-optical and…
Indra has integrated the Spanish startup IDBOTIC into the Next Generation Weapon System/Future Combat Air System (NGWS/FCAS) programme, the most…
The Oostende, the premier mine countermeasures vessel in the Belgian-Dutch rMCM programme designated for the Belgian Navy, embarked on its…
Scoot, the budget airline subsidiary of Singapore Airlines (SIA), has revealed the launch of a new flight route to Subang,…
Marking the return of international airshows to Indonesia after nearly thirty years, the organiser of the Bali International Airshow 2024…
South Korean Aerospace firm Hanwha Aerospace is showcasing the prototype of a homegrown 15,000lb.-thrust-class turbofan engine on par with GE’s…
The Singapore Army is set to complete the transition from the Ultimax 100 SAW (Section Automatic Weapon) to the Colt…
Lockheed Martin has delivered the first of eight C-130J-30 Super Hercules tactical airlifters to the Ohio Youngstown Air Reserve Station,…
Challenge Group has announced the appointment of Eyjolfur (Eyvi) Vestmann Ingolfsson as its new Head of Materials and Logistics, aimed…
SATS Airport Services Pte Ltd, a wholly-owned subsidiary of SATS Ltd (SATS), SIA Engineering Company Limited (SIAEC), and Changi Airport…
INJAZ Al-Arab, a Jordan-based non-profit education and training organisation and a member of Junior Achievement (JA) Worldwide, has partnered with…
The Royal Thai Air Force (RTAF) officially accepted the delivery of its initial pair of AT-6TH Wolverine turboprop aircraft in…
TransNusa is set to become the first foreign airline to operate from Sultan Abdul Aziz Airport, commonly known as Subang…
SATS Ltd, a Singapore-based provider of air cargo handling services and food solutions, has entered into a Memorandum of Understanding…
The Royal Thai Air Force (RTAF) has chosen the Swedish-manufactured SAAB JAS 39E/F Gripen over the American Lockheed Martin F-16…
Headquartered in Singapore with reporters spread across all major regions, GBP Aerospace & Defence is a leading media house that publishes three publications that serve the aerospace and defence sector - Asian Defence Technology, Asian Airlines & Aerospace and Daily News. Known industry-wide for quality journalism, GBP Aerospace & Defence is present at more international tradeshows and exhibitions than any other competing publication in the region.
For over three decades, our award-winning team of reporters has been producing top-notch content to help readers stay abreast of the latest developements in the field of commercial aviation, MRO, defence, and Space.
Copyright 2024. GBP. All Rights Reserved.
Home Defence & Security Space Commercial Aviation Maintence Repair & Overhaul Daily News Events About Us
2024 GBP all rights reserved.