Boeing Rebounds with Increased Deliveries in November
Aircraft manufacturer nears annual delivery goal, reporting 104 new orders after cancellations.
- Boeing delivered 56 commercial planes in November, nearly matching the total for September and October combined.
- Most of the planes delivered were 737 Max jets, with Boeing close to achieving its goal of delivering at least 375 737s this year.
- Deliveries are a crucial source of cash for Boeing as buyers typically pay a large portion of the purchase price at delivery.
- Boeing reported orders for 104 commercial planes after cancellations, including a significant order from Emirates for 90 Boeing 777s.
- Boeing's backlog increased to 5,324 in November, indicating a strong demand for its aircraft.