Boeing 2021 deliveries surged, led by return of 737 Max, however had been…

Boeing 2021 deliveries surged, led by return of 737 Max, but were...

FAA chief Steve Dickson flies a Boeing 737 MAX, from Boeing Area on September 30, 2020 in Seattle, Washington.

Mike Siegel | Getty Photographs

Boeing’s gross sales and deliveries of recent planes surged final 12 months as prospects seemed past the Covid pandemic’s toll on journey demand, however the producer nonetheless ended 2021 behind chief rival Airbus.

Boeing handed over 340 jetliners to airways and different patrons, up from 157 in 2020, it mentioned Tuesday. The corporate’s shares rose after the numbers had been launched, buying and selling up 2.4% at 12:15 p.m. ET.

The deliveries had been led largely by the 737 Max, which regulators worldwide had grounded for almost two years after a deadly crash in 2018 and one other in 2019. Airbus mentioned Monday that it delivered 611 planes final 12 months, up 8% from 2020.

The rise in deliveries was welcome information for Boeing, which has struggled within the wake of the crashes, the pandemic and manufacturing points which have paused handovers to prospects of its 787 Dreamliners for a lot of the previous 14 months.

Chicago-based Boeing logged 909 gross orders for jets, greater than 700 for the Max, together with a minimum of 50 for funds service and Airbus operator Allegiant. Gross sales of freighters had been one other vibrant spot, because of a surge in e-commerce demand and air freight with Boeing including orders from UPS, Atlas Air and FedEx.

That topped Airbus’ 771 gross business orders in 2021. Together with cancellations, Boeing’s web orders totaled 479 however that rose to 535, together with accounting changes, which provides or subtracts gross sales primarily based on airline monetary well being or different components.

Boeing is scheduled to report fourth-quarter and full-year outcomes earlier than the market opens on Jan. 26.

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