The crisis continues as Boeing's delivery volume in the first quarter of 2024 is surpassed by Airbus
Boeing's delivery volume in the first quarter of 2024 declined, being surpassed by Airbus. Boeing delivered 83 commercial aircraft, while Airbus delivered 142. The incident of Boeing cabin door detachment had a negative impact on its operations, leading to a decrease in delivery volume. Boeing and Airbus are competitors in the global commercial aircraft manufacturing sector. According to data, Boeing had been leading in delivery volume before 2019, but due to the occurrence of two 737 MAX 8 crash incidents, Boeing's leading position no longer exists. It is expected that Boeing's delivery data will improve in the second half of the year
The negative effects of the Boeing cabin door detachment incident are still spreading.
According to the data released by Boeing, the company delivered only 83 commercial aircraft in the first quarter, a 36% decrease compared to the same period last year. In contrast, Airbus delivered 142 commercial aircraft during the same period, an increase from 127 aircraft in the first quarter of 2023.
Boeing and Airbus are the two giants in the global commercial aircraft manufacturing industry and are each other's main competitors, with delivery volumes far exceeding those of other manufacturers.
According to media reports, since the cabin door detachment incident of the 737MAX9 aircraft in January this year, Boeing has been plagued by a series of safety issues. As a result, the Federal Aviation Administration (FAA) of the United States has required Boeing to produce only 38 737 series aircraft per month until it ensures compliance with quality and safety procedures, leading to a significant slowdown in production for the company.
Data from Statista shows that before 2019, Boeing's delivery volume had always been higher than that of Airbus. However, since the two 737 MAX 8 crashes in 2018 and 2019 followed by the temporary halt of production of that aircraft model, Boeing's longstanding lead has disappeared.
Boeing's Chief Financial Officer Brian West stated that once the company achieves "compliance," production will increase, and it is expected that delivery data will improve in the second half of the year.
