Boeing Delivers Decline In August Hit By Manufacturing Issues

Boeing Company BA delivered 35 aircraft in August, down from the 43 planes it had in July and 60 in June. 

Narrowbody 737 MAX deliveries totaled 22 in August, lower than 32 in July and 48 in June. 

The 737 MAX jets are grappling with supplier-related issues with Spirit Aerosystems Holdings, Inc SPR, which has called on Boieng to share a more significant portion of the financial strain brought about by inflation, deeming its contracts currently 'unsustainable.'

Also Read: Airbus Delivers 52 Airplanes To 34 Customers In August

The company's year-to-date deliveries total 344, with 624 gross orders. Boeing recorded 737 net orders on a year-to-date basis. 

Yesterday, the company received an order for 25 737 MAX jets from airplane lessor SMBC Aviation Capital.

Also See: China Airlines Weighs Airbus And Boeing Options For Fleet Renewal: Report

Price Action: BA shares are trading lower by 0.29% at $210.03 on the last check Wednesday.