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European plane maker Airbus plans to deliver more aircraft this year while its U.S. rival Boeing faces delays.
Airbus posted higher revenue and profit for the first quarter, backed its goal to deliver more planes this year than in 2023 and decided to increase production of its A350 wide-body jets, extending its lead over beleaguered rival Boeing.
The European plane maker confirmed its target to deliver about 800 commercial aircraft to customers this year, more than the 735 planes it dispatched in 2023.
Airbus’s optimism that deliveries will keep growing comes as Boeing grapples with the fallout from an Alaska Airlines emergency landing in January after a door plug ripped away in midair, prompting a temporary grounding and immediate inspections of Boeing 737 MAX jets.
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Boeing deliveries are expected to slow substantially as a machinist strike continues.
Boeing managed to deliver a small number of 737 MAX jets after a strike by machinists shut down the Renton, Wash., factory that builds the planes.
But deliveries are expected to slow substantially as the walkout stretches into its second month. The jet maker delivered 33 planes last month, including 28 737s. That's down from 40 jets overall in August and 32 of the 737s. The company says it was able to slip out some delivery-ready planes after the strike started Sept. 13. Analysts estimate Boeing built 10 737s in September, well off the company's goal of 38 per month.
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Boeing said it has reminded operators of the actions that flight crews should take if they encounter rudder restriction.
The Federal Aviation Administration issued a safety alert to airlines regarding Boeing 737 airplanes equipped with certain rudder components.
The air-safety regulator said Tuesday the operators of Boeing 737 NG and 737 MAX airplanes with SVO-730 rudder rollout guidance actuators should instruct flight crews that the rudder control system could potentially become jammed or restricted in flight or during landing.
Boeing said in a statement it has reminded operators of the proper actions that flight crews should take if they encounter rudder restriction, and has also shared technical guidance from its supplier.
“We continue to work under the oversight of regulators regarding the actuator on an optional autoland system on a subset of 737s,” Boeing said.
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Manufacturer to book $5 billion in charges on troubled programs and warns of deeper quarterly loss amid machinists strike
Boeing will delay the launch of the 777X to 2026. Boeing will cut 10% of its global workforce, or roughly 17,000 jobs, and warned of deeper losses in its operations as a machinist strike compounds problems brewing at the jet maker for years.
Along with the job cuts, the manufacturing giant said it would further delay the launch of a new airplane, the 777X, that is already years behind schedule. It will also discontinue the 767 cargo plane.
Boeing will book $3 billion of pretax charges tied to the two jet programs and another $2 billion in write-offs tied to several troubled programs in its defense unit. The charges will result in a quarterly net loss of roughly $6 billion.
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