Boeing Records 43% Growth In May Deliveries

Boeing Co BA delivered 50 planes in May, compared to 35 in May 2022 and almost double of 26 delivered in April 2023.

Its competitor Airbus SE EADSY, delivered 63 airplanes to 36 customers in May, up 34% year-over-year.

Boeing received 69 orders in May, compared to 23 in 2022.

Earlier in June, Boeing announced delays in deliveries of its 787 Dreamliners after discovering a new defect.

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Boeing's year-to-date deliveries stood at 206, and Gross orders at 223. Net orders YTD were 262, and cancellations were 127.

Boeing has 5,351 unfulfilled orders as of May 31, 2023.

Price Action: BA shares are trading higher by 0.16% at $220.74 on the last check Wednesday.