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Boeing Delivers 29 Planes in March, Records Positive Net Orders Two Months Running

: Apr 15, 2021 - : 8:28 am

Boeing delivered 29 planes in March, an increase of nine planes compared to 20 in March last year. The company also maintained a positive net order book for the second month running.

In February, Boeing saw the tide turning with its first positive net orders in 14 months. The plane manufacturer said it booked gross orders of 196 aircraft in March, all of them for the 737 Max family. Net of cancellations and conversions, Boeing had 40 jet orders for its 737 planes last month.

Boeing said its March gross orders include previously announced 100 737 Max orders for Southwest and 24 737 Max orders for private investment firm 777 Partners and 11 orders for P8 military aircraft. Turkish Airlines canceled 10 737 Max airplane orders in March and converted 40 737 Max jet orders to options. China’s CDB Financial canceled 16 737 Max orders last month while China Aircraft Leasing canceled 26 737 Max orders.

Alaska Air and United Airlines respectively recontracted nine and 25 737 Max orders last month for earlier delivery positions.

Alaska Air and United Airlines re-contracted nine and 25 737 Max orders, respectively, in March for earlier delivery positions. Nineteen 737 Max orders were canceled by undisclosed customers in March.

Boeing’s gross orders for the first quarter were 282 airplanes. Net of cancellations and conversions, orders stood at 69 aircraft in the quarter. Adjusted for stricter accounting standards, Boeing’s net orders were 76 aircraft in the first quarter at March end. Boeing’s official backlog rose to 4054 aircraft orders in March from 4041 orders in February.

The company delivered a total of 77 airplanes in the first quarter, up from 50 aircraft for the first quarter in 2020. 787 jet deliveries resumed in late March after a four-month halt.

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