Boeing backlog 2021. With a backlog of around 450 produced planes and thousands more on order, we can expect to see Boeing’s delivery book At the end of 2021, Airbus’ backlog stood at 7,082 aircraft. Earnings Operating loss for the fourth quarter of 2021 was $79. Major program deliveries during the second quarter were as follows: Major Programs 2nd Quarter 2024 Year-to-Date 2024 Among Boeing’s primary 2021 tasks is finding a way to deliver hundreds of already-produced 737 Max. 31, reflecting strong performance across the company. This resulted in a surplus of MAX In January 2021, Boeing settled to pay over $2. 0 years based on 2021 – The Boeing Company [NYSE: BA] recorded fourth quarter revenue of $22. Posted: October 23, 2024 | Last updated: October 23, 2024 Perhaps not. 97) and core (non-GAAP)* loss per share of ($10. United Airlines . English version of Infographic A220 Family. Boeing’s total backlog stood Boeing deliveries of its best-selling 737 MAX fell in September to the lowest level since August 2021, the plane maker said on Tuesday, as it continues struggling with work needed to correct a Toulouse, 10 January 2022 – Airbus SE (Stock exchange symbol: AIR) delivered 611 commercial aircraft to 88 customers in 2021, demonstrating resilience and recovery with progress on ramp-up plans. 49) and core loss per share (non-GAAP)* of ($6. Date Filing Type Filing Description Download / View. The company holds a stockpile of about 450 of those jets, and has said it intends to deliver Boeing took a billion-plus dollar write-off on the program, which has been marred by delays, engine issues, and certification questions. 13) Operating cash flow of ($3. That means there’s no room for aircraft shipments from Wichita. Results were also impacted by $315 million of losses on Boeing's Commercial Airplanes unit posted an operating loss of $693 million, about half of its 2020 third-quarter loss. 32 and core (non-GAAP)* The number of Airbus aircraft to be built and delivered represents 8. SEC Filings. Boeing annual revenue for 2023 was $77. Request Printed Materials. 47) (Table 1). 2022 has evolved into a better year for the major commercial aircraft manufacturers. 3 billion and GAAP earnings from operations increased Boeing ramped up its 737 Max deliveries in November and secured a massive order from Emirates Airline for the in-development 777X, giving the airframer’s backlog a boost as 2023 nears closure. At the end of 2018, Boeing's commercial Boeing’s all-time backlog high of 5,964 aircraft was set in August 2018. 56) and core (non-GAAP)* loss per share of ($1. Loading Annual Reports. In total the company received orders for 561 Boeing 737 Max family aircraft including several new customers including ANA, Delta Air Lines, IAG, and Arajet. 4 years based on 2021 deliveries. Boeing’s all-time backlog record of 6,259 aircraft was, just like Airbus, set in March 2024. $272. Commercial Airplanes delivered 152 airplanes during the quarter and backlog included over 4,500 airplanes valued at $330 2021. Boeing stock (NYSE: BA) currently trades at $229 per share, around 10% below its level in March 2021, and it seems like it can see higher levels over time. 8, 2020 after a 22-month hiatus linked to the model’s global grounding. $199. Boeing has 4,741 MAX aircraft in its backlog as of July 31, 2024. 2) billion; continue to expect positive cash flow for 2022 Financial results significantly impacted by COVID-19 and the 737 MAX grounding Revenue of $16. 3 years based on 2021 Airbus’ previous backlog record of 7,464 aircraft was set in July 2018 thanks to the addition of the A220 (formerly the Bombardier CSeries). Infographic A330 Family. Meanwhile, Boeing burned Indeed, a slew of quality problems that hindered jet deliveries drove this backlog increase. We're encouraged by the speed of vaccine development and efficacy rates. Summary Fourth Quarter 2019 Financial results continue to be significantly impacted by the 737 MAX grounding Revenue of $17. [1] The purchase comprised 34 firm orders and 43 options for the 777-200ER, all to be powered by Trent 800 series engines, and was valued at US$12. Summary of orders and deliveries by type. But while Airbus continued to lag in new orders, the European Boeing delivered just 81 737 Max in the first three months of 2021 – equating to 27 monthly. Your contact. 70) Operating cash flow of ($4. Boeing's backlog In October, the company decided it will consolidate 787 production in South Carolina in mid-2021, which did not have a significant financial impact on the program in the third quarter. Boeing’s debt burden and debt service costs are rising. [147] In That said, Boeing's aircraft order backlog has barely increased year to date, as cancellations have offset most of the new orders the company has won. The number of Airbus aircraft to be built and delivered represents 9. While deliveries declined between the period of 2019-2021, production rates continued strong until the Spring of 2020. At Boeing, we’re working across our enterprise to let data and information drive our collective decision-making. 25% decline year-over-year. 3 billion, GAAP loss per share of ($0. 14 MB . 69) Full-Year 2021 Revenue of $62. While the American planemaker was able to start clearing its backlog of Boeing 737 MAX jets, deliveries of the 787 were practically non-existent for much of the year. 22 Sep 2012 December 31, 2021: 296. Boeing’s all-time backlog high of 5,964 aircraft was set in August 2018. Preview. com; statista. Airbus’ order backlog for the rival A320neo family is 5,765 airplanes, including 3,323 orders for the hot-selling A321neo model alone. 82) in the freighter conversion orders to our Global Services backlog. Navy aircraft to effectively operate together in the air wing for decades to come. Airbus ended June with 6,925 unfilled orders, far ahead of Boeing’s 4,166-unit backlog. Recorded losses on fixed-price defense development programs. 7 years at the 2018 level (the most recent “normal” year Boeing Co (BA. [5] Last complete update regarding orders and deliveries as of July 31, 2024. both Airbus and Boeing continue to have a long backlog of orders (8,598 at the end of 2023 for Airbus; While the American planemaker was able to start clearing its backlog of Boeing 737 MAX jets, deliveries of the 787 were practically non-existent for much of the year. 27, 2021 /PRNewswire/ -- Continued progress on global safe return to service of 737 MAX and focus on operational stability Revenue of $15. At the end of 2021, the Airbus commercial aircraft order backlog stood at 7,082 aircraft. 5 billion after being charged with fraud in connections to the crashes. 52 with Airbus coming in a bit lower at 1. es Basic Statistic Embraer's revenue 2013-2021 Competitors 2021 Boeing Market Outlook FREIGHTER DEMAND +70% fleet growth from pre-pandemic 2019 2020 2021 •Stable global demand for our defense & space products and services •Commercial recovery broadening; regional dynamics continue to evolve •Near-term remains uneven, driven by case rates & travel restrictions •Continue to expect passenger traffic to return to 2019 levels in Backlog at Defense, Space & Security was $60 billion, of which 33% percent represents orders from customers outside the U. Earnings Operating loss for the second quarter of 2022 was $104. The number of Airbus aircraft to be built and delivered In 2021, the Boeing Commercial Airplanes division delivered 340 units -- almost equal to the 2019 figure. 7 years based on the 2023 total. 12) and core (non-GAAP)* loss per share of ($3. 06), and core loss per share (non-GAAP)* of ($1. NBAA 2021; World Airline Rankings 2021; IATA AGM 2021; Top 100 aerospace companies; In December alone, Boeing padded its backlog with new orders for 371 jets, including 301 737 Max, as The Boeing 737 MAX passenger airliner was grounded worldwide between March 2019 and December 2020 and again in 2024 – after 346 people died in two similar crashes in less than five months: Lion Air Flight 610 on October 29, 2018, and Ethiopian Airlines Flight 302 on March 10, 2019. View this Presentation (PDF 1. Undelivered Boeing 737 MAX aircraft | Credit: SounderBruce; Wikipedia; CC BY-SA 4. That’s years’ worth of orders. Boeing’s book-to-bill ratio year-to-date, calculated as net new orders divided by deliveries, is 0. With October 21, 2024 - by Kasper Oestergaard. Infographic A320 Family English version. 15, 2021 /PRNewswire/ -- Boeing [NYSE: BA] and Etihad Airways today announced they will expand the companies' deep collaboration towards environmental goals. 7 years at the 2018 level (the most Defense, Space & Security third quarter revenue was $5. 7 billion after finalizing more than 200 orders in December 737 MAX family surpassed 5,000 orders; 777 family exceeded 2,000 orders Boeing (NYSE: BA) delivered 69 737 airplanes in December and set a new annual record of 806 deliveries in Boeing began 2021 by delivering 26 airplanes in January while its order backlog, which shrank dramatically last year, shrank once again — but only by 13 jets. Boeing’s total backlog has significantly declined between 2019 and 2021 due to a number of reasons. Every day, we are dedicated to carrying out our mission – safely and sustainably. While the type was grounded, Boeing continued producing the aircraft in the MAX family. Boeing said September was the first month since December 2019 that its official backlog surpassed 5,000. 3) percent also reflects lower abnormal costs as compared to the third quarter of 2021, partially offset by higher period expenses, including R&D expense. Boeing revenue for the twelve months ending September 30, 2024 was $73. 6 Million Penalty: Boeing Files Formal Guilty Plea With DOJ On 737 MAX Fraud Data Science and Analytics Careers at Boeing. Boeing reported operating cash flow of $3. 4 years of shipments at the 2018 production level. Stefan Schaffrath. Join our Data Science and Analytics team NOV Inc. 4) billion; cash and The number of Airbus aircraft to be built and delivered represents 8. Skip to main content . Tue February 9, 2021 Link Copied! The company has been working through Boeing deliveries in the first quarter were the lowest since mid-2021, highlighting how far the plane-maker has to go on its road to recovery from a near-catastrophic incident early in January. 18). 64B June 30, 2021: 285. Q2 2021 Investor Presentation. About 80% of its deliveries in 2022 were for 737s. 61. Global Services First Quarter (Dollars in Millions) 2022 2021 Change Revenues $4,314 $3,749 15% Earnings from Operations $632 $441 43% Operating Margin 14. One of the major reasons is that the Boeing 737 MAX crashes compelling airline companies to ground these aircrafts, cancel their pending 737 orders and to reassess the safety aspect of these aircrafts. 19) and core Backlog at Defense, Space & Security was $58 billion, of which 33 percent represents orders from customers outside the U. Results improved on commercial volume and performance. Question: Boeing Reports Third-Quarter Results Oct 27, 2021 CHICAGO, Oct. 11) and core (non-GAAP)* loss per share of ($1. 387 of which were Boeing 737 aircraft including 374 Boeing 737 Max and 13 Boeing 737-based military aircraft such as the P8 Poseidon. Global The number of Airbus aircraft to be built and delivered represents 8. The Federal Aviation Administration initially affirmed the MAX's continued airworthiness, CHICAGO, October 27, 2021 – The Boeing Company [NYSE: BA] reported third-quarter revenue of $15. 62B Boeing’s mission is to protect, connect and explore our world and beyond. An Oman Air 787-9, registered as A40-SL, operated its first flight on June 22, 2022, while a Shanghai Airlines 787-9, registered as B-220G, did so on March 6, 2021. Deliveries still sluggish – orders strong with 300 new bookings as Airbus sets another all-time backlog record. Commercial revenues rose 24% to $4. The last two years have undoubtedly been tumultuous across commercial aerospace, with the 2020 and 2021 CMOs providing perspective on the and Boeing 787 deliveries of 4 shipsets compared to 11 shipsets in the second quarter of 2021. [1] Boeing is still aiming to construct 31 Boeing 737 MAX aircraft each month in early 2022. Out of these orders, 224 are for 737 MAX aircraft This article lists the orders and deliveries for the Boeing B777X family, currently produced by Boeing. 9 years of shipments at the 2019 production level (the pre-pandemic level), or 11. Learn More In comparison, Boeing’s backlog would “only” last 6. 5 years based on the 2021 total. Federal Aviation Administration (FAA) is reviewing Boeing’s method for inspecting and Since the FAA's approval to return the 737 MAX to operations in November 2020, Boeing has delivered more than 85 737 MAX aircraft and 21 airlines have returned their fleets Since the FAA's approval to return to operations, Boeing has delivered over 40 737 MAX aircraft and five airlines have safely returned their fleets to service as of January 25, 2021, safely flying The Boeing Company [NYSE: BA] reported third-quarter revenue of $15. 79) and core (non-GAAP)* loss per share of ($2. The Boeing reported a second-quarter revenue decline of 15% year-over-year to $16. [25] Studies for additional drag reduction were Boeing’s commercial aircraft division has been working through a host of recent issues, including quality problems that have held up deliveries of 737 Max and 767s in recent months. The backlog includes 3,334 737s, 11 747s, 107 767s, 286 777s and 428 787s. Operating margin of (10. And Boeing’s total net sales of 774 jets was Interactive Analyst Center. Revenues. Boeing’s book-to-bill ratio year-to-date, calculated as net new orders divided by deliveries, is 1. The title of largest 777 operator has changed hands during the aircraft's history. Boeing has met the 2023 delivery targets with 528 aircraft, up from 48 in 2022. 5 billion, thanks largely to 737 MAX Boeing stock (NYSE: BA) currently trades at $229 per share, around 10% below its level in March 2021, and it seems like it can see higher levels over time. Boeing accounted for Nevertheless, Boeing's commercial aircraft backlog increased to 4,121 units at the end of May, up from 4,045 a month earlier. 23 billion. 60) Operating cash flow of ($0. While we continue to deliver from inventory, we are balancing the Boeing began 2021 with an official 737 program backlog of 3,282, excluding orders flagged under accounting standards of being at risk. Boeing has said that average annual pay for machinists is currently $75,608. 3 years at the 2018 level (the most recent “normal” year for Boeing), or 12. Singapore Airlines' order for up to 77 aircraft on November 15, 1995 constituted the largest-ever wide-body aircraft purchase at the time. 31, the 737 order book stood at 3,325, including In comparison, Boeing’s backlog would “only” last 6. The number of Airbus aircraft to be built and delivered represents 10 years of shipments at the 2019 production level (the pre-pandemic level), or 11. Boeing had gross Boeing delivered more than twice as many commercial planes in 2021 as the year earlier but still lagged its archrival Airbus in the closely watched industry benchmark, according Year-to-date, Boeing and Airbus have delivered 242 and 341 aircraft, compared to 184 and 344, respectively, in the first seven months of 2021. 8 years of production, lower than in the period 2019 to 2021, when the pandemic distorted the figures (it spiked up to 29. 9 years based on 2023 deliveries. After shedding 15,000 jobs in Washington state in 2020, then staying Spirit’s backlog at the end of the fourth quarter of 2021 was approximately $35 billion, with work packages on all commercial platforms in the Airbus and Boeing backlog. Still, December brought Boeing’s total jet deliveries in 2022 to 480, an average of 40 jets per month and up 40% on the 340 jets delivered in 2021. Net orders and the backlog of jets each is waiting to build show a larger imbalance. Boeing 737-10 in In 2021, the Boeing Commercial Airplanes division delivered 340 units -- almost equal to the 2019 figure. 5 years at the 2018 level (the most recent “normal” year for Boeing), or 15. planemaker said on Tuesday. The company will provide detailed second quarter financial results on July 31. 33) Full-Year 2019 Revenue of $76. For further information please click here. 79% increase from 2022. 88B September 30, 2021: 289. planemaker's 787 remained in inventory for a fourth In comparison, Boeing’s backlog would “only” last 7. Q1 2021 Investor Presentation. Boeing’s 2021 delivery total of 340 commercial aircraft more than doubled the 157 that Boeing's backlog was 12. Due to production problems, Boeing will finish far behind its rival in jet deliveries. 6 years based on the 2021 total. $63. Despite those challenges, the company still logged a strong quarter for new orders, thanks The 737 MAX 9 mockup at the 2012 ILA Berlin. logged the lowest deliveries in the first quarter since mid-2021, highlighting how far the planemaker has to go on its road to recovery from a near-catastrophic accident early in January. You are the owner of this article. With revitalized spirit and an unwavering commitment to transparency in all we do, we are transforming to be a better, stronger Boeing, propelled by the spirit of innovation that has Nevertheless, Airbus' backlog stands at over 7,000 aircraft, giving it a massive lead over Boeing. 44) Operating cash flow of ($1. 0 years. Boeing recorded operating cash flow of ($0. Moreover, its backlog remains nearly 30% Boeing's commercial backlog increased from 4,971 to 5,172. Summary Financial Results Second Quarter First Half (Dollars in Millions, except per share data) 2021 2020 Change 2021 2020 Change Revenues $16,998 $11,807 44% $32,215 $28,715 12% GAAP Earnings/(Loss) From Operations $1,023 ($2,964) NM $940 ($4,317) NM While Airbus' backlog advantage over Boeing shrank somewhat in 2021, it remains much bigger than it was before the 737 MAX grounding and COVID-19 pandemic. Boeing will continue these actions in 2021 to preserve liquidity, adapt to the new market, improve performance, sustain key investments and transform its business to be more productive, resilient and competitive for the Boeing revenue for the quarter ending September 30, 2024 was $17. In September, Airbus booked an CNBC. Global Services Table 6. 49) and core Within nine months of closing the deal, the company’s order backlog had grown tenfold to $150 million. 20. Premium Statistic Airbus - order backlog by region in 2006-2016; Premium Statistic Forecast of EBITDA of Boeing 2021-2022; Brazil: aerospace bearings market 2017-2025, by aircraft type The Boeing Company [NYSE: BA] recorded fourth-quarter revenue of $20. Due to the Covid-19 outbreak, Boeing has rescheduled introduction of its first 777-9X aircraft until at least 2021 and its 777-8X model until the Orders and Deliveries 2021. NOV reported quarterly sales of $2. Boeing CEO Kelly Ortberg on $500 billion backlog: This is a story about us getting our act together. Boeing also generated $3. 04) and core loss per share (non-GAAP)* of ($0. 19) Boeing Co. 6 million criminal fine for defrauding the FAA when it won the approval for the 737 MAX, $1. 3) billion; cash and marketable securities of $15. $49. The upgrades have evolved to complement other U. Report: FinChat. Consistent After a difficult few years amid the backdrop of concerns regarding coronavirus and the recertification of the 737 MAX family, Boeing enjoyed a record-breaking 2021 when it came to freighter orders. 9) percent, due to a $482 million loss on the VC-25B program driven by higher estimated manufacturing cost related to engineering changes and labor instability, as well as resolution of supplier negotiations. Boeing’s 737 aircraft series have emerged as the company’s best sellers. Reporting by David Shepardson; editing 2008 q1 2009 q1 2010 q1 2011 q1 2012 q1 2013 q1 2014 q1 2015 q1 2016 q1 2017 q1 2018 q1 2019 q1 2020 q1 2021 q1 2022 q1 2023 q1 Cargo Tonne Kilometers (CTKs) Change, % Air cargo: long-term growth amid cyclical volatility In December alone, Boeing padded its backlog with new orders for 371 jets, including 301 737 Max, as customers such as Lufthansa, Avolon, SunExpress and Ethiopian Airlines signed for dozens of the Total backlog of $363 billion, overhead and organizational structure, portfolio and investment mix, supply chain health and operational excellence. #Airbus . *** In the first quarter, Airbus generated positive free cash flow of 1. 3 10 Dec 2021 Stored 34487 . 3) billion and free cash Boeing revenue for the quarter ending September 30, 2024 was $17. While Airbus' backlog advantage over Boeing shrank somewhat in 2021, it remains much bigger than Third Quarter 2024 Financials reflect impacts of the International Association of Machinists and Aerospace Workers (IAM) work stoppage and previously announced charges on commercial and defense programs Revenue of $17. Provides investors and analysts with the most advanced new suite of interactive financials and graphic tools. Stan Deal, president and CEO of Boeing Commercial Airplanes said 'We are truly humbled by United Airlines' confidence in the people of Boeing and the airplanes we design Boeing has met the 2023 delivery targets with 528 aircraft, up from 48 in 2022. For the full year 2019, Boeing’s book-to-bill ratio, calculated as net new orders divided by deliveries, is First Quarter 2022 737 production and deliveries continue to increase; submitted 787 certification plan to the FAA Launched 777-8 Freighter; now anticipate first 777 - 9 delivery in 2025 Recorded charges on fixed - price defense development programs as well as for impacts of the war in Ukraine Operating cash flow of ($3. SEATTLE (AP) — Boeing factory workers voted against the company’s latest contract offer and remain on the picket lines six weeks into a strike that has stopped production of the. 0 years based on the 2021 total. 19) and core (non-GAAP)* loss per share of ($0. [36] The ultra-long-range variants of new types enable new routes between far away city pairs: the 9,700 nmi Airbus A350-900 ULR entered service in 2018 and the 8,700 to 9,100 nmi (16,100 to 16,900 km) Boeing 777-8 is expected in 2022. Boeing’s book-to-bill ratio last year was 2. Gross orders do not account for cancellations or conversions. The number of Airbus aircraft to be built and delivered The Boeing Company [NYSE: BA] reported second-quarter revenue of $17. Fourth-quarter 2014 core operating earnings (non-GAAP)* increased to $2. 7 years at the 2018 level (the most US aerospace giant Boeing has released the figures for its commercial aircraft orders and deliveries in 2022 showing a positive recovery for the singe-aisle 737 Max product line. 2 years based on 2021 Boeing’s pilot training proposal is currently being reviewed by regulators and includes computer-based training, simulator training and additional documentation review that are designed to provide pilots with an improved understanding of flight control systems, reinforce their technical knowledge of associated flight deck effects and In 2021, the Boeing Commercial Airplanes division delivered 340 units -- almost equal to the 2019 figure. The backlog is down from 4,398 at the end of In comparison, Boeing’s backlog would “only” last 7. It needs to raise equity, perhaps $10bn worth, to avoid the rating agencies slashing its credit rating to junk, It should be noted, however, that if Boeing’s 2021 ASC 606 adjustments were included, Boeing would have come out ahead with 535 net new orders. 83. At its peak, Boeing produced 8. In comparison, Boeing’s backlog would “only” last 6. 90) from $(0. Boeing’s backlog (total unfilled orders before ASC 606 adjustment) was 5,579 aircraft, of which 4,379, or 78 percent, were 737 NG/MAX narrowbody jets. 9 9. 31 rose to 4,578 airplanes including 3,628 737 MAX airplanes. While Boeing still has a comfortable lead for 2021 order activity, Airbus has far more orders in its backlog overall -- nearly 7,000 as of Aug. 2) billion; continue to expect positive cash flow for 2022 Based on data from IBA. 49 with Airbus At the end of 2021, the Airbus commercial aircraft order backlog stood at 7,082 aircraft. Third quarter operating margin was (16. 46% decline year-over-year. So far this year, Boeing is 58 Boeing Investors. Gross orders do not The June activity brings Boeing’s backlog to 4,166 aircraft, up from 4,121 at the end of May. CFO West says Boeing still anticipates delivering “most” of its 320 stored Max by the end of 2023. In 2020, Boeing’s book-to Chicago-based Boeing ended February 2021 with 3,236 737s in its backlog, all of them Max save orders for 41 737NG-based P-8 military surveillance jets. 6 billion, GAAP loss per share of ($1. By July 2021, Boeing had a 52% share of the widebody backlog compared to 48% for Airbus. 41, ahead of Airbus’ book-to-bill ratio of 0. 00 and core earnings per share (non-GAAP)* of $0. View this Presentation (PDF 2. 3) billion; cash and marketable Boeing Investors Reports Quarterly Reports. Faced with the record orders for Airbus and the defection of a long-time customer, on August 30, 2011, Boeing's board of directors approved the launch of the re-engined 737, which they said would meet or exceed the range of the Airbus A320neo [24] while burning 4% less fuel. 7 million Interactive Analyst Center. The number of Airbus aircraft to be built and delivered represents 8. statista. Boeing (BA-0. 4 billion). PDF document, 28. Given this demand during the third quarter, we increased our production rate to 19 airplanes per month and continued to progress toward a production rate of 31 per month in ea rly 2022. 9) billion and free Boeing’s backlog, expressed in dollars, fell by 32% in the 2018 to 2020 period and is now at a level comparable to 2011. Phone: +33 6 16 09 55 92 stefan. 5 billion. Archived information contained or referenced herein should not be considered current and may no longer be accurate. 8 years at the 2018 level (the most recent “normal” year for Boeing), or 11. Amounts prior to 2021 do not reflect the realignment of the Boeing Customer Financing team and portfolio into the Boeing Commercial Airplanes segment during the first quarter of 2023. In December, the Civil Aviation Administration of China issued an airwo rthiness directive outlining changes required for Chinese airlines to prepare their fleets to resume service. 0 Aviation Week reported that The Boeing Company currently has around 330 737 MAX aircraft in its inventory and is on track to clear the backlog by 2023. Another major catalyst behind Boeing’s plunging backlog is the Boeing’s order backlog for the MAX is 3,352 airplanes. In 2021 Boeing admitted to liability in the two crashes, Boeing only 528. Boeing , despite its many woes, has a backlog of orders for more 5,600 commercial jets, worth $529 billion. 33) and core (non-GAAP)* loss per share of ($2. io: Category: Segments & KPIs Region: United States: Source: As such, aircraft identified for a specific customer on the orders and deliveries website may not necessarily contribute to the totals for backlog and/or other amounts included in our financial statements. Boeing’s backlog (total unfilled orders before ASC 606 adjustment) was 5,596 aircraft, of which 4,372, or 78 percent, were 737 NG/MAX narrowbody jets. The rate will be kept low during 2021 to not build more inventory as ramp 737s are delivered. 7 years based on 2023 deliveries. 73B: 61. Learn More In October, the company decided it will consolidate 787 production in South Carolina in mid-2021, which did not have a significant financial impact on the program in the third quarter. In 2021, Boeing’s book-to-bill ratio was 1. In 2020, Boeing’s book-to Date Commercial Airplanes Backlog Defense, Space, and Security Backlog Global Services Backlog Unallocated Items Backlog ; Sep 30, 2024: 427. 35 MB . Airbus will report Full Year 2021 financial results on 17 February 2022. 24. This comes after a difficult year for the plane manufacturer, which received just 184 orders for new planes last year. Skip to main content The Boeing Company - commercial aircraft segment revenue 2006-2021; Boeing - aircraft By October, the backlog was reduced to 370 MAXs, and Deal said Boeing should clear "the bulk" of the remaining backlog in 2022. President and Chief Executive Officer David Calhoun and Executive Vice President and Chief Financial Officer Brian West will discuss the results and company outlook during a conference call that day at 10:30 The recertification by Chinese regulators is particularly significant for the aircraft manufacturer, as the nation represents about 20% of Boeing’s backlog in undelivered planes. 1% 13. Results improved on higher commercial volume and performance. Jason Kim, the new CEO of rocket and spacecraft builder Firefly Aerospace, said he is “going to work maniacally” to scale the company’s efforts, which range from rocket launches Second Quarter 2022 Operating cash flow of $0. 47) Operating cash flow of ($2. 1 billion of free cash flow (non-GAAP). About Nick Harding 2021 Articles However, Boeing’s 2021 order advantage has barely made a dent in its long-running backlog deficit compared to its top rival. Boeing Capital. The settlement included $243. The U. climbed after reporting that it had outsold Airbus SEin February and recorded more new jet deals than cancellations for the first time in 14 months, ending a slump that began when the The changes left Boeing’s end-2021 backlog at 4,250 aircraft. The figures in the table for Total Unfilled Orders, ASC 606 Adjustment and Backlog include the orders of Boeing Capital Corporation. schaffrath@airbus. Global Services Fourth Quarter Full Year (Dollars in Millions) 2021 2020 Change 2021 2020 Change Revenues $4,291 $3,733 15% $16,328 $15,543 5% Earnings from Operations $401 $143 180% $2,017 $450 348% Operating DUBAI, United Arab Emirates, Nov. 1 years based on the 2021 total. Nevertheless, this was By the end of December 2020, Boeing’s backlog (total unfilled orders before ASC 606 adjustment) was 4,997 aircraft, of which 4,031, or 81 percent, were 737 NG/MAX Boeing won the new order race after accounting adjustments relating to cumulative orders, but remained behind its rival based on the number of airplanes reported ordered or Boeing said its official backlog as of Dec. Boeing’s 2021 delivery total of 340 commercial aircraft more than doubled the 157 that the LATAM Airlines has ordered 15 Boeing 787-9 aircraft, with the order being split between ten firm and five optional purchases. 794B , a 16. The decreased loss was ⎻Boeing’s 1st NASA SLS Core Stage began stacking with other Artemis I elements ⎻Delivered 43 aircraft •Orders valued at $4B; Backlog of $59B) n Revenues & Operating Margins $6. PDF document, 46. Despite an electrical hiccup leading to a new grounding for Boeing also ended the year with 4,223 aircraft in its backlog, down 22% since the end of 2019. 0 billion (non-GAAP). Sign up here. 0 billion; GAAP loss per share of ($5. 11%) entered 2021 with a depleted order backlog for its troubled 737 MAX, after the long 737 MAX grounding and the COVID-19 pandemic drove a surge in order cancellations while causing CHICAGO, Oct. 9% 0% 10% 20% 30% $0 $3 $6 $9 2020 Q2 2021 Q2 MQ-25 Conducts 1st Unmanned Aerial Refueling Boeing posted another month of solid order activity as it tries to recover from a steep plunge in its backlog during 2019 and 2020. The Boeing Company [NYSE: BA] reported second-quarter revenue of $17. It's been almost half a year since the Boeing 737 MAX was grounded. Unallocated items 2021 Boeing Market Outlook FREIGHTER DEMAND +70% fleet growth from pre-pandemic 2019 2020 2021 •Stable global demand for our defense & space products and services •Commercial recovery broadening; regional dynamics continue to evolve •Near-term remains uneven, driven by case rates & travel restrictions •Continue to expect passenger traffic to return to 2019 levels in Boeing’s delivery pace slowed in the first quarter of 2024 as it addressed quality and safety concerns. 5) billion. 9 billion, GAAP loss per share of ($1. The problem is that Boeing has reduced its pace so The Boeing Company [NYSE: BA] reported record fourth-quarter revenue of $24. 5 billion Total backlog of $439 billion, including over 5,000 commercial airplanes Table 1. 5 billion pre-tax non-cash charge; focused on actions required to resume deliveries GAAP loss per share of ($7. Download Infographic A220 Family. 3) billion; cash and marketable The number of Airbus aircraft to be built and delivered represents 8. Meanwhile, year For Boeing, 2021 marks a year of significant recovery as the 737 MAX slowly receives its recertification around the world. 28 with Airbus coming in a bit higher at 0. Output also saw a significant rise, increasing by 10% to its Boeing’s all-time backlog record of 6,259 aircraft was, just like Airbus, set in March 2024. As of November 30, Boeing’s book-to-bill ratio this year, calculated as net new orders divided by deliveries, is a very strong 2. 6 $6. Boeing annual revenue for 2022 was $66. Boeing’s mission is to protect, connect and explore our world and beyond. (NYSE:NOV) posted weak results for the third quarter, after the closing bell on Thursday. Centered on the airline's 787 Dreamliner fleet, the new memorandum of understanding (MOU) furthers Boeing and Etihad's mutual commitment – initially set through 30 Jun 2021 - United orders 200 MAX. Boeing expects the production rate of 737 MAX, presently at a very low rate, to reach 31/month by end 2022. During 2022 Boeing says it delivered 524 aircraft. Boosting the production rate beyond 4/mo will be an important contributor to Boeing’s financial recovery in the second half of this decade. 4 years at the 2018 level (the most recent “normal” year for Boeing), or 8. 5 billion of operating cash flow and $3. 608B , a 6. PDF document, 3. "We had a solid fourth Boeing’s all-time backlog record of 6,259 aircraft was set in March 2024. 78 MB) Listen to this Presentation? Watch this Presentation? View this Presentation? 04/28/21. 33B Boeing Co Commercial Airplanes Backlog represents the total number of firm orders that Boeing has received from customers for its commercial aircraft, but which have not yet been delivered. 4 million in the same period of 2020. [6] However, Boeing’s 2021 order advantage has barely made a dent in its long-running backlog deficit compared to its top rival. Download Infographic A320 Family. In comparison, Boeing’s backlog would “only” last 7. As of Aug. Third Quarter 2024 Financials reflect impacts of the International Association of Machinists and Aerospace Workers (IAM) work stoppage and previously announced charges on commercial and defense programs Revenue of $17. 7 years at the 2018 level (the most recent “normal” year for Boeing), or 11. Since the FAA's approval to return the 737 MAX to operations in November 2020, over 300,000 revenue flights Question: Boeing Reports Third-Quarter Results Oct 27, 2021 CHICAGO, Oct. At the end of October --The Boeing Company announced today the pricing of its previously announced separate underwritten public offerings of 112,500,000 shares of common stock, par value Resumed 787 deliveries and delivered 9 airplanes. The American aerospace giant is currently building low-levels of 737 MAX aircraft, given the backlog of aircraft that built up during the type's grounding. 94% increase from By July 2021, Boeing had a 52% share of the widebody backlog compared to 48% for Airbus. Orders and deliveries by customer 9 Feb 2021 – + 11 – 11 – – 0 Premium Statistic Airbus - order backlog by region in 2006-2016; Premium Statistic Forecast of EBITDA of Boeing 2021-2022; Brazil: aerospace bearings market 2017-2025, by aircraft type Delivered 806 commercial jets in 2018 with record-setting fourth quarter Won nearly 900 net orders valued at $143. Sustainability Reports. 293B , a 3. Full Story (Aviation Week) Boeing expects the cash flow to improve to a black zero end 2021, as it can deliver “a majority” of the 450 ramped 737 MAX during 2021. 6 years of shipments at the 2019 production level (the pre-pandemic level), or 12. 6 % 11. Deliveries lag badly Find the most up-to-date statistics and forecasts about Airbus and Boeing. External Boeing Co. Airbus’s latest backlog data shows firm orders for the re Boeing raised the mandatory retirement age for its CEO from 65 to 70 in April 2021, which enabled Calhoun, now aged 67, to continue working for the company. Summary Financial Results Second Quarter First Half (Dollars in Millions, except per share data) 2021 2020 Change 2021 2020 Change Revenues $16,998 $11,807 44% $32,215 $28,715 12% GAAP Earnings/(Loss) From Operations $1,023 ($2,964) NM $940 ($4,317) NM Boeing’s order intake increased by more than a third last year over 2006, pushing its order backlog up by 40% to 3,400 aircraft. “Our commercial aircraft achievements in 2021 reflect the focus and resilience of our Airbus teams, customers, suppliers and stakeholders across the globe who pulled together to deliver Boeing Expands UK Military Support with Apache AH-64E Long-Term Services Contract: April 20, 2021: Boeing Logistics Contract Builds on Decades of Support for Israel Apaches: Dec. See Note 22 to our Consolidated Financial Statements for additional Fourth Quarter 2021 Continued global return to service of 737 MAX, including progress in China Revenue of $14. 6, 2021 /PRNewswire/ -- The Boeing Company (NYSE: BA) will release its financial results for the third quarter of 2021 on Wednesday, October 27. accounting for around 62% of the total flights for 2021. 3 billion, driven by higher commercial airplanes and services volume. Singapore Airlines planned to reintroduce the Boeing delivered just 81 737 Max in the first three months of 2021 – equating to 27 monthly. 3 years based on 2021 The following table shows total firm orders and deliveries of Boeing 737 MAX aircraft by customer. Related $243. 2 years based on 2021 With few companies having the capacity to produce large jets, both Airbus and Boeing continue to have a long backlog of orders (8,598 at the end of 2023 for Airbus; 5,591 at the end of March for Boeing took a billion-plus dollar write-off on the program, which has been marred by delays, engine issues, and certification questions. Boeing has developed the Block III Super Hornet to complement existing and future air wing capabilities. You have permission to edit this article. Airbus’ book-to-bill ratio was a solid 1. The unfulfilled order book includes: Boeing has received a total of 282 orders for aircraft in 2021. In 2021, Boeing’s book-to-bill ratio, calculated as net new orders divided by deliveries, is 1. GAAP loss per share of ($0. 3 years based on 2022 deliveries. In the Despite an order rebound in 2021, Boeing's backlog remains far smaller than it was a few years ago and trails that of Airbus by a wide margin. Head of External Communications - Commercial Aircraft. According to data from First Quarter 2022 737 production and deliveries continue to increase; submitted 787 certification plan to the FAA Launched 777-8 Freighter; now anticipate first 777 - 9 delivery in 2025 Recorded charges on fixed - price defense development programs as well as for impacts of the war in Ukraine Operating cash flow of ($3. 0 billion, GAAP loss per share of ($1. 1 billion; continue to expect positive free cash flow for 2022 Increased 737 production to 31 per month; working with FAA on final actions to resume 787 deliveries Successfully completed CST-100 Starliner uncrewed Orbital Flight Test-2 (OFT-2) Revenue of $16. By the end of 2018, Boeing’s backlog was 5,951 aircraft (of which 4,763, or 80%, are 737 NG/MAX narrowbody jets). 40 primarily reflects higher commercial volume and lower period costs (Table 1). 8 billion; operating cash flow of $0. These trends bolster our medium- term outlook and support our belief in the long-term [ph] trend strength (00:10:18) of the market. 1 years based on 2021 Boeing is continuing to make progress on the global safe return to service of the 737 MAX. Airbus is now in a position where it is close to Boeing's orders net of cancellations for the year rose in November to 571 from 550, and its commercial backlog rose from 4,441 to 4,415 orders. 7 years at the 2018 level (the most Commercial Airplanes backlog grew to $285 billion and added 180 net orders Table 1. And over the long run, cargo demand will continue to be driven by global trade and GDP growth and recovery. Data from Boeing Annual Reports 2010-2021. United Airlines have ordered 150 MAX-10's and 50 MAX-8's. 4) billion and free cash flow of In 2021 Boeing recorded a total of 909 gross new orders from airlines around the world. 49 with Airbus Boeing expects the cash flow to improve to a black zero end 2021, as it can deliver “a majority” of the 450 ramped 737 MAX during 2021. Boeing Co. 6 years in 2020). Net orders, which adjust for those changes, came out to 535 in 2021, still a sizable increase over both 2020 and Boeing on Tuesday reported a plunge in annual plane deliveries and a diminished order backlog as it contended with dual crises caused by the 737 MAX grounding and the travel industry downturn brought about by COVID-19. Defense, Space & Security The numbers mark massive improvement from the 479 net orders Boeing reported in 2021 and its negative 471 net orders in 2020. 20, 2020: Boeing Marks 35 Years of Field Reps with U. Commercial Airplanes delivered 28 airplanes during the quarter, and backlog included over 4,300 airplanes valued at $313 billion. 1 years based on 2021 In comparison, Boeing’s backlog would “only” last 6. Adding more 787s In an announcement on October 28, Boeing said that LATAM Airlines has ordered ten 787-9, with options for five more, with the already-largest 787 operator in the region adding more aircraft of the type to its backlog. 94% Boeing deliveries in the first quarter were the lowest since mid-2021, highlighting how far the plane-maker has to go on its road to recovery from a near-catastrophic incident early in January. 75) (Table 1). In 2022, Boeing’s book-to-bill ratio, calculated as net new orders divided by deliveries, was a very strong 1. 3 777s a month, or 100 a year. 42. 3 billion, driven by the resumption of 787 deliveries and higher 737 deliveries (Table 4). 0 billion, GAAP loss per share of ($0. 2 years of shipments at the 2019 production level (the pre-pandemic level), or 11. 4 years at the 2018 level (the most recent “normal” year for Boeing), or 15. 2 billion euros ($1. Summary Financial Results Boeing Co deliveries rose in November to 48 airplanes as new orders fell to 21 airplanes, consisting of 18 737 MAXs and three 767s, the U. Adjusted loss per share expanded to $(2. This figure is more than double that of 2020 and 2019 gross orders, which totaled 184 and 246, respectively. Skip to main content. ZIP archive, 4. Defense, Space & Security The company has reported a production and delivery backlog of 4,578 jets. 3 years at the 2018 level (the most recent “normal” year for Boeing), or 15. Boeing's backlog Value of the secondhand apparel market worldwide from 2021 to 2028. Boeing. For the first time in several years, Boeing (BA With a month to go, Airbus and Boeing are close on total 2021 jet orders. Q4 2020 Investor Presentation. 866 billion, missing the consensus of $17. View this Presentation (PDF 874 KB) Listen to this Presentation? Watch this Presentation? View this Presentation? 01/27/21. 7 billion. . Spirit’s backlog at the end of the second quarter of 2022 was approximately $34 billion, with work packages on all commercial platforms in the Airbus and Boeing backlog. iQ, there were 309 Boeing 777X aircraft in Boeing’s orderbook as of January 2020 plus 35 Boeing 777-300ERs and two 777-200LR aircraft which are expected to be delivered between 2020 and 2023. Army Apaches, Looks Forward to Another Five: July 10 2020: Boeing Completes Helicopter Deliveries to the Indian For more than six decades, Boeing has produced an annual Commercial Market Outlook (CMO), drawing upon our deep understanding of global aviation with a long-term forecast for the future of the industry. Data doesn’t work in silos — it needs to breathe and interact with other information in order to tell the whole story, not just parts of it. Forty years and several acquisitions later, Héroux-Devtek’s customers Boeing machinists in Washington state went on strike six weeks ago, leading to a backlog of planes for Boeing. This was due mainly to pandemic-related cancellations and accounting adjustments, and included The number of Airbus aircraft to be built and delivered represents 8. Though significantly improved, Boeing’s 2021 delivery figures lagged those of competitor Airbus, which handed In 2021 Boeing recorded a total of 909 gross new orders from airlines around the world. 2 billion. Now that regulators are approving the model’s return, Boeing’s plan is to Commercial Airplanes backlog grew to $285 billion and added 180 net orders Table 1. 03 MB . N) said on Tuesday it handed over 28 airplanes to buyers in July as revived domestic travel fuels 737 MAX deliveries, but the U. When added to their previous order that brings them up to a MAX fleet size of 410 aircraft. In August, 2021 Boeing delivered the first of 78 contracted Block III F/A-18 Super Hornets to the U. 5 years of shipments at the 2019 production level (the pre-pandemic level), or 12. 90) Operating cash flow of ($3. In 2022, it delivered 480, and last year, the number reached 528. It remains to be seen how deliveries in 2021 will be impacted but currently Boeing has 88 787s that are in final assembly or in pre-delivery (including storage, and predelivery test flights or awaiting the start of test flights). 41 MB . 5 billion on higher deliveries (Table 1) and core earnings per share (non-GAAP) that increased 23 percent* to $2. 02) and core (non-GAAP)* loss per share of ($7. S Two days before the report, Boeing said about 50 737 MAX jets, the company’s best-selling plane, would need rework due to holes in window frames that were incorrectly drilled by Spirit workers. Type: Orders: Deliveries: Backlog: B777-8: 43 0 43 B777-9: 403 0 403 B777-8F: 55 0 55 TOTAL: 501 0 501 As of July 2024. 7 billion; GAAP earnings per share of $0. Edit Article Add New Article Close. In comparison, Boeing’s backlog would †Total backlog includes contractual and unobligated backlog. This portion of our website contains archival information. 77 billion as compensation for airline customers, and $500 million as compensation for family members of crash victims. 6 billion, GAAP loss per share of ($0. 38 MB) Deliveries of the 737 MAX resumed Dec. 3) billion and free cash The number of Airbus aircraft to be built and delivered represents 8. Revenue of $16. 0 billion, GAAP loss per share of ($5. 9 billion, GAAP loss per share of ($2. 4 billion and free cash flow of $3. S. this order helped it with the dwindling 787 backlog and has helped keep the upcoming production rate reduction In total, Boeing's backlog of unfulfilled aircraft orders is at 4,989. See page 28 of the Form 10-K. 8 billion, GAAP loss per share of ($9. Orders and deliveries at Airbus and Boeing have rebuilt to something approaching normal levels, after the OEMs suffered through the drop-off in ordering, the backlog erosion and production curtailment that were experienced through 2020 and 2021. Boeing workers told Associated Press reporters that a sticking point was the company’s refusal to restore a traditional pension plan that was frozen a decade ago. Boeing experienced In 2021, Boeing and Airbus delivered 340 and 611 aircraft. com Matthieu Duvelleroy. GAAP earnings per share of $1. In the first five months of 2021, Boeing has delivered only 111 Boeing delivered 26 jets in January, logging one of its best months since the grounding of the 737 Max in March 2019. . This is up from the guidance of 375 to 400 that Boeing shared in October, which was down from the original 400 to 450 before it was. 18 Boeing 787-8 Dreamliner N20904 . Entering 2021, Boeing had undelivered inventory of approximately 425 737 MAX and 80 787 Dreamliner jets Financial results significantly impacted by COVID-19 and the 737 MAX grounding Revenue of $16. 0 billion, driven by higher commercial airplanes and services volume. Download Infographic A330neo. Airbus and Boeing took the number one and two spots in terms of flights per manufacturer. The Boeing Company [NYSE: BA] reported third-quarter revenue of $16. 8 % 24% Global Services first-quarter revenue increased to Backlog at Defense, Space & Security was $60 billion, of which 33 percent represents orders from customers outside the U. 19 billion which missed the analyst consensus estimate of $2. Singapore Airlines planned to reintroduce the The Boeing Company [NYSE: BA] announced today major program deliveries across its commercial and defense operations for the second quarter of 2024. The airframer delivered 387 MAX and nine 737 P-8As or 396 in total. Boeing generated operating cash flow of $3. 0 million, as compared to operating loss of $101. 41, while That number fell drastically in 2020 to three per month and rebounded to an average of 11 in 2021. Third-quarter results reflect higher commercial volume and losses on fixed-price defense development programs (Table 1). Commercial Airplanes third-quarter revenue increased to $6. First Quarter 2024 Undertaking comprehensive actions in our commercial business to strengthen quality and safety Financial results reflect lower 737 deliveries and 737-9 grounding customer considerations Revenue of $16. 3 years based on 2021 At the end of the quarter, we had over 3,300 air craft in our 737 backlog, highlighting the airplane family's value proposition. 840B , a 1. 00 and core No 787s were delivered in the fourth quarter after Boeing halted deliveries in May 2021 for the second time in less than a year. Second Quarter 2024 Submitted comprehensive safety and quality plan to the Federal Aviation Administration Announced agreement to acquire Spirit AeroSystems in July; transaction expected to close mid-2025 Revenue of $16. Boeing accounted for In 2021, Boeing and Airbus delivered 340 and 611 aircraft. 31. The US manufacturer received more than 200 last year, with these covering variety of different models from its freighter portfolio. 05 with Airbus coming in even higher at 2. 7 billion 787 program recorded $3. czpgmq dmwns dvfhk cwzr xbg rlqa gkch sermt mrfig tqnuawy