Boeing In Crisis: 737 MAX Wins Orders, Deliveries Are Now Under Pressure

Summary:

• The Boeing Company’s strike has disrupted deliveries, with only 32 jets delivered by September 27, impacting production and supply chain stability.
• August saw a significant drop in orders, with only 22 airplanes ordered, down from 72 in July, reflecting production uncertainties.
• Boeing delivered 40 airplanes in August, but year-to-date deliveries are down 25% in units and 24% in value compared to last year.
• Despite maintaining a long-term buy rating, near-term value is low due to strike-induced production issues and cash flow pressures.

As the strike at The Boeing Company (NYSE:BA) has now entered its third week, we see that deliveries are under pressure. Preliminary data we have observed suggests that Boeing has delivered 32

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