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Tribune News Service
Tribune News Service
Business
Dominic Gates

Demand for 737 Max and new freighter jet boosts Boeing orders in January

Boeing released data Tuesday showing it added 75 net new jet orders in January, boosted by both the launch of its big new freighter jet, the 777-8F, and more orders for the 737 Max.

Airplane deliveries remained low at 32 airplanes for the month, just three of which were the larger widebody aircraft built in Everett.

The Qatar Airways order for the new freighter added a net increase of 14 orders for the forthcoming 777X, after subtracting 20 orders for the passenger version that the airline converted to the new cargo model.

That bumps up the 777X unfilled orders to 334 airplanes. However, The Seattle Times estimates that more than 50 of those have since been classified as doubtful due to contractual or financing issues.

In addition, Boeing won eight orders for the current 777 cargo model, the 777F, now the planemaker's best-selling freighter jet ever. Those consisted of two for Qatar, four for China Airlines of Taiwan and two more for unidentified customers.

Boeing also won 53 net orders for the Max, including 23 for American Airlines and a dozen for Southwest Airlines, which has now has placed 440 orders for the Max.

In addition to winning the new orders, Boeing restored a net total of 23 planes to its official backlog after previously removing them because of lack of financing to complete the purchases or contractual difficulties.

Those planes now back in the official order book include 20 of the 777X passenger jets, the first of which is due for delivery in late 2023.

This brings Boeing's total backlog to 4,316 airplanes, of which 3,405 are Maxes.

Deliveries slow

Boeing delivered 27 Maxes in January, along with two 737-based P-8 anti-submarine planes for the Navy, all built in Renton.

It has now delivered more than 300 Maxes since the jet was ungrounded and returned to service in late December 2020.

At the end of last year, Boeing still had 335 Maxes in inventory, awaiting delivery.

From the Everett plant, Boeing delivered two 767 air refueling tankers for the Air Force and a single commercial widebody: a 777F cargo plane to China Airlines.

Deliveries of the 787 Dreamliner remain halted.

Boeing still awaits clearance from the Federal Aviation Administration for the repairs to a slew of quality problems on 787s that previously rolled off the assembly lines, work that's going on in both Everett and North Charleston, South Carolina.

At the end of last year, Boeing had 110 previously built 787s awaiting repair and approval for delivery. The repairs include laborious rework of the structure around each aircraft's passenger and cargo doors.

Boeing last month wrote off $3.5 billion to cover compensation to airlines for late 787 deliveries and said it will absorb a further $2 billion in abnormal 787 manufacturing costs resulting from the low production rate and the rework.

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