Boeing Needs December Delivery Surge to Hit Target for 737 Jets

(Bloomberg) -- Boeing Co. will need to ramp up deliveries of its 737 jetliners to 83 planes this month to reach its annual target as the planemaker recovers from factory snarls that bedeviled its largest source of profit earlier this year.

Key Insights

• Boeing shipped 61 of the single-aisle aircraft in November, 18 more than in October, as the company recovered from engine delays and other parts shortages.
• The manufacturer delivered 10 of its 787 Dreamliners in November, two below the monthly production rate for its marquee carbon-fiber jet.
• Boeing, the biggest U.S. industrial company, has netted 690 orders for its commercial aircraft this year, but will need to reach 810 to 815 to match projected deliveries for the year.

Market Reaction

• The shares fell less than 1 percent to $324.99 at 11:30 a.m. in New York. Boeing advanced 11 percent this year through Monday, compared with a 10 percent drop in a Standard & Poor’s index of industrial companies.

Get More

• Read more on Boeing’s website here
• Read about Boeing’s weak October deliveries here

To contact the reporter on this story: Julie Johnsson in Chicago at jjohnsson@bloomberg.net

To contact the editors responsible for this story: Brendan Case at bcase4@bloomberg.net, Susan Warren

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