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Time of India
2 days ago
- Business
- Time of India
Boeing books 303 new orders and hits 737 MAX production target in blockbuster May
Boeing is heading into the Paris Air Show after a blockbuster May that included booking 303 new orders and rolling out 38 new 737 MAX jets, a production rate that it has been working to reach for more than a year. The company also delivered 45 aircraft last month, it said Tuesday. It was the sixth-highest monthly order tally in Boeing's history, according to company data. The orders included the largest widebody jet deal in Boeing's history: Qatar Airways' order for 130 787s and 30 777Xs, plus options for another 50 of the long-haul aircraft. However, only 120 787s were added to Boeing's order backlog, according to the company. It did not clarify the discrepancy. The Qatar deal was announced during President Donald Trump's whirlwind Middle East tour, which included a string of high-profile business deals. One day earlier, Saudi Arabian-owned lessor AviLease ordered 20 737-8 MAX jets. Another Gulf region carrier, Etihad, said it planned to order 28 widebody Boeing jets, but it did not place a firm order, so the aircraft were not included in May's total. Canadian airline WestJet also ordered seven 737 MAX jets. The company also canceled two orders for 737s. Live Events In total, three orders were canceled during the month, making for 300 net new orders in May. Its order backlog rose to 5,943 orders as of May 31. Boeing delivered 45 aircraft in the month, its fifth consecutive month of 40 or more deliveries. The total was nearly twice as many deliveries as the 24 aircraft the company handed over to customers during the same month one year earlier. Aircraft deliveries are closely watched by Wall Street because planemakers are able to collect the majority of their payment when they hand over jets to customers. The company handed over 31 737 MAX jets, including seven to United Airlines and four to Alaska Airlines, and seven 787s, including three to Qatar Airways from earlier orders. It also delivered five 777 freighters, one 767 freighter and one 737 NG to be converted into a P-8 Poseidon for the U.S. Navy. None of the deliveries were to Chinese airlines, which stopped taking new Boeing aircraft in April as the two countries clashed over tariffs. China removed the ban after the Washington and Beijing agreed to temporarily cut tariffs. A new 737 MAX landed in China on Monday, according to flight tracking data, the first to arrive since the ban was removed. So far in 2025, Boeing has delivered 220 aircraft: 164 737 MAXes, three 737 NGs for conversion into P-8s, 28 787s, 16 777s and nine 767s. European rival Airbus has delivered 243 aircraft so far this year, including 51 deliveries in May. The company did not announce any new orders last month. However, Airbus is expected to announce several deals during the Paris Air Show, which starts Monday. Boeing said on Tuesday that it rolled out 38 new 737 MAX aircraft in May, hitting a production target that it has been working to reach for more than a year. The U.S. Federal Aviation Administration capped output at 38 airplanes a month due to quality concerns exposed by a mid-air panel blowout in a nearly new 737 in January 2024. Monthly production of its best-selling 737 MAX has varied up and down in recent years as the company grappled with internal and external production problems and constraints. A strike last year at its plants in Washington and Oregon shut down production of the popular single-aisle airplane. Since production resumed in December, the company has taken a slow and deliberate approach to increasing the rate. Boeing CEO Kelly Ortberg has said the company has to stabilize production at 38 per month for several months before asking the FAA to increase output. All six production quality and safety metrics created by the company and U.S. regulators are green, according to the company.
Yahoo
3 days ago
- Business
- Yahoo
Boeing books 303 new orders and hits 737 MAX production target in blockbuster May
By Dan Catchpole SEATTLE (Reuters) -Boeing is heading into the Paris Air Show after a blockbuster May that included booking 303 new orders and rolling out 38 new 737 MAX jets, a production rate that it has been working to reach for more than a year. The company also delivered 45 aircraft last month, it said Tuesday. It was the sixth-highest monthly order tally in Boeing's history, according to company data. The orders included the largest widebody jet deal in Boeing's history: Qatar Airways' order for 130 787s and 30 777Xs, plus options for another 50 of the long-haul aircraft. However, only 120 787s were added to Boeing's order backlog, according to the company. It did not clarify the discrepancy. The Qatar deal was announced during President Donald Trump's whirlwind Middle East tour, which included a string of high-profile business deals. One day earlier, Saudi Arabian-owned lessor AviLease ordered 20 737-8 MAX jets. Another Gulf region carrier, Etihad, said it planned to order 28 widebody Boeing jets, but it did not place a firm order, so the aircraft were not included in May's total. Canadian airline WestJet also ordered seven 737 MAX jets. The company also canceled two orders for 737s. In total, three orders were canceled during the month, making for 300 net new orders in May. Its order backlog rose to 5,943 orders as of May 31. Boeing delivered 45 aircraft in the month, its fifth consecutive month of 40 or more deliveries. The total was nearly twice as many deliveries as the 24 aircraft the company handed over to customers during the same month one year earlier. Aircraft deliveries are closely watched by Wall Street because planemakers are able to collect the majority of their payment when they hand over jets to customers. The company handed over 31 737 MAX jets, including seven to United Airlines and four to Alaska Airlines, and seven 787s, including three to Qatar Airways from earlier orders. It also delivered five 777 freighters, one 767 freighter and one 737 NG to be converted into a P-8 Poseidon for the U.S. Navy. None of the deliveries were to Chinese airlines, which stopped taking new Boeing aircraft in April as the two countries clashed over tariffs. China removed the ban after the Washington and Beijing agreed to temporarily cut tariffs. A new 737 MAX landed in China on Monday, according to flight tracking data, the first to arrive since the ban was removed. So far in 2025, Boeing has delivered 220 aircraft: 164 737 MAXes, three 737 NGs for conversion into P-8s, 28 787s, 16 777s and nine 767s. European rival Airbus has delivered 243 aircraft so far this year, including 51 deliveries in May. The company did not announce any new orders last month. However, Airbus is expected to announce several deals during the Paris Air Show, which starts Monday. Boeing said on Tuesday that it rolled out 38 new 737 MAX aircraft in May, hitting a production target that it has been working to reach for more than a year. The U.S. Federal Aviation Administration capped output at 38 airplanes a month due to quality concerns exposed by a mid-air panel blowout in a nearly new 737 in January 2024. Monthly production of its best-selling 737 MAX has varied up and down in recent years as the company grappled with internal and external production problems and constraints. A strike last year at its plants in Washington and Oregon shut down production of the popular single-aisle airplane. Since production resumed in December, the company has taken a slow and deliberate approach to increasing the rate. Boeing CEO Kelly Ortberg has said the company has to stabilize production at 38 per month for several months before asking the FAA to increase output. All six production quality and safety metrics created by the company and U.S. regulators are green, according to the company. Sign in to access your portfolio
Yahoo
3 days ago
- Business
- Yahoo
Boeing books 303 new orders and hits 737 MAX production target in blockbuster May
By Dan Catchpole SEATTLE (Reuters) -Boeing is heading into the Paris Air Show after a blockbuster May that included booking 303 new orders and rolling out 38 new 737 MAX jets, a production rate that it has been working to reach for more than a year. The company also delivered 45 aircraft last month, it said Tuesday. It was the sixth-highest monthly order tally in Boeing's history, according to company data. The orders included the largest widebody jet deal in Boeing's history: Qatar Airways' order for 130 787s and 30 777Xs, plus options for another 50 of the long-haul aircraft. However, only 120 787s were added to Boeing's order backlog, according to the company. It did not clarify the discrepancy. The Qatar deal was announced during President Donald Trump's whirlwind Middle East tour, which included a string of high-profile business deals. One day earlier, Saudi Arabian-owned lessor AviLease ordered 20 737-8 MAX jets. Another Gulf region carrier, Etihad, said it planned to order 28 widebody Boeing jets, but it did not place a firm order, so the aircraft were not included in May's total. Canadian airline WestJet also ordered seven 737 MAX jets. The company also canceled two orders for 737s. In total, three orders were canceled during the month, making for 300 net new orders in May. Its order backlog rose to 5,943 orders as of May 31. Boeing delivered 45 aircraft in the month, its fifth consecutive month of 40 or more deliveries. The total was nearly twice as many deliveries as the 24 aircraft the company handed over to customers during the same month one year earlier. Aircraft deliveries are closely watched by Wall Street because planemakers are able to collect the majority of their payment when they hand over jets to customers. The company handed over 31 737 MAX jets, including seven to United Airlines and four to Alaska Airlines, and seven 787s, including three to Qatar Airways from earlier orders. It also delivered five 777 freighters, one 767 freighter and one 737 NG to be converted into a P-8 Poseidon for the U.S. Navy. None of the deliveries were to Chinese airlines, which stopped taking new Boeing aircraft in April as the two countries clashed over tariffs. China removed the ban after the Washington and Beijing agreed to temporarily cut tariffs. A new 737 MAX landed in China on Monday, according to flight tracking data, the first to arrive since the ban was removed. So far in 2025, Boeing has delivered 220 aircraft: 164 737 MAXes, three 737 NGs for conversion into P-8s, 28 787s, 16 777s and nine 767s. European rival Airbus has delivered 243 aircraft so far this year, including 51 deliveries in May. The company did not announce any new orders last month. However, Airbus is expected to announce several deals during the Paris Air Show, which starts Monday. Boeing said on Tuesday that it rolled out 38 new 737 MAX aircraft in May, hitting a production target that it has been working to reach for more than a year. The U.S. Federal Aviation Administration capped output at 38 airplanes a month due to quality concerns exposed by a mid-air panel blowout in a nearly new 737 in January 2024. Monthly production of its best-selling 737 MAX has varied up and down in recent years as the company grappled with internal and external production problems and constraints. A strike last year at its plants in Washington and Oregon shut down production of the popular single-aisle airplane. Since production resumed in December, the company has taken a slow and deliberate approach to increasing the rate. Boeing CEO Kelly Ortberg has said the company has to stabilize production at 38 per month for several months before asking the FAA to increase output. All six production quality and safety metrics created by the company and U.S. regulators are green, according to the company. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Guardian
17-03-2025
- Sport
- The Guardian
Newcastle must concentrate on getting a top-four place now insists Trippier
Kieran Trippier has stressed that Newcastle's Carabao Cup win will not distract the team from their overriding ambition this season of achieving Champions League qualification. Trippier is a key member of Newcastle's dressing-room leadership group as vice-captain and his message to teammates will be unequivocal. 'Myself and the rest of the leadership group will keep everybody level-headed,' the former England full-back said after making it plain that Eddie Howe's squad had 'definitely not' become legends overnight. 'We'll enjoy the occasion but the most important thing is that we've got 10 games left and we want to finish in the top four. You don't want to get carried away. It's all about building and we've got a big run-in ahead.' If, in one sense, the Wembley victory against Liverpool on Sunday altered everything, it also can be seen as changing nothing at all. Although the psychological boost for Newcastle of winning a major domestic trophy for the first time since the 1955 FA Cup is immense, an awful lot still hinges on Champions League qualification. Howe extended his contract to 2028 amid interest from the Football Association regarding the England job last summer and it is believed a potentially significant pay rise and further lengthening of that deal are contingent on the team qualifying for Europe's showpiece competition. Newcastle's manager is understood to earn about £6m a year, excluding any Carabao Cup bonus but, depending on league position, that sum could rise to nearer £10m in June. Howe's team are sixth, two points behind fourth-placed Chelsea with a game in hand. Fifth place is almost certain to be enough for Champions League qualification. A Champions League place would enable the Saudi Arabian-owned club constrained by Premier League spending rules to invest more extensively in a slender squad in need of refreshment. It could also help persuade Alexander Isak, Howe's much-coveted Sweden striker, to sign a contract extension. Howe, his staff and those players not on international duty fly to Dubai on Monday evening for a few days of rest and relaxation before some warm-weather training. Earlier Howe had posed for pictures with the Carabao Cup on the tarmac at Newcastle airport after returning from London. The trophy will be paraded through the streets of Newcastle on Saturday 29 March when the manager, his staff and players will take part in an open-top bus parade. Sign up to Football Daily Kick off your evenings with the Guardian's take on the world of football after newsletter promotion Trippier has said the lessons of two years ago when Newcastle lost the Carabao Cup final to Manchester United helped make such celebrations possible. 'The first time [against Manchester United] was too emotional,' Trippier said. 'We were more calm before this final, more relaxed. We'd been in this situation before and we knew how to handle it.' It helped that Newcastle stayed in a luxury Hertfordshire hotel near Watford before the game rather than at the Wembley Hilton, their base two years ago. 'I've played in many finals in my career and when you stay so close to the stadium, the supporters are there and players who have never played in a final before … it's emotional,' Trippier said. 'It can take a lot out of you, a lot of energy.'
