Boeing delivers 49 jets in October, down from prior month

Boeing Co (NYSE:BA) delivered 49 aircraft in October, a decrease from 57 planes in September and 53 jets delivered in the same month last year, the company said Tuesday.

The planemaker secured 165 new orders during the month with no cancellations, marking its best October for net orders since 1997. Aircraft lessor Avolon accounted for the majority of these orders with a purchase of 140 737 MAX jets.

October deliveries included 32 737 MAX aircraft, down from 43 in September. Chief Executive Kelly Ortberg said last month the company would not meet its target of approximately 500 737 deliveries for this year.

The company also delivered 11 787 Dreamliners, two 777 freighters, and three 767 aircraft in October. One of the 767 deliveries was for Boeing Defense’s KC-46 tanker program.

Boeing is working to increase 737 production to 47 aircraft per month. Ortberg said the company expects to reach this production rate in early 2027.

Wing production for 737 jets continues to limit output. A supplier dispute has halted wing production for both 777 freighters and 767 aircraft.