Boeing Deliveries Drop to Lowest Level Since Pandemic as Airbus Widens Lead
Production setbacks, regulatory scrutiny, and a labor strike contributed to Boeing's sharp decline in 2024 jet deliveries and orders, further trailing European rival Airbus.
- Boeing delivered 348 commercial jets in 2024, a 34% drop from the previous year and its lowest annual total since the COVID-19 pandemic.
- Production disruptions included a seven-week machinist strike and quality-control issues, with the FAA capping 737 MAX production at 38 planes per month after safety concerns.
- Boeing's 2024 gross orders fell to 569, less than half of its 2023 total, while net orders dropped to 377 after cancellations and conversions, compared to Airbus' 826 net orders.
- Airbus delivered 766 jets in 2024, more than double Boeing's total, marking the sixth consecutive year it has outpaced its U.S. rival in deliveries.
- New CEO Kelly Ortberg faces challenges in restoring Boeing's production rates and profitability, with the company expected to continue burning cash in the near term.