Orders for UPS cargo planes give Boeing a welcome boost

UPS delivers for Boeing and helps boost the planemaker’s August sales with an order for cargo planes.

oeing announced yesterday that it had taken a net order of 26 aircraft last month, with the largest being an order from United Parcel Service for eight cargo planes. The Arlington-based Boeing also took orders for 13 more 737 Max aircraft, including two for American Airlines.

European competitor Airbus recorded no new orders in August and canceled orders for 19 Qatar Airways A350 jets over an ongoing dispute over the quality of fuselage finishes.

Boeing delivered 35 aircraft last month, a key source of revenue, compared to 39 at Airbus.

Two of the Boeing deliveries were 787s – the model Boeing has largely been unable to deliver for the past two years due to manufacturing errors – to Germany’s Lufthansa and Dutch national carrier KLM.

The official August tally did not include two 787s released to American Airlines because the planes need to undergo more customization work, a Boeing spokesman said.

U.S. regulators approved Boeing’s changes in late July to address production issues with the 787.

Boeing deliveries last month included 27 Max jets, including eight to Southwest Airlines.

Cowen analyst Cai von Rumohr described the pace of shipments as “weak” but said orders are strong for the normally slow August period.

https://www.independent.ie/business/world/ups-cargo-planes-order-delivers-welcome-boost-for-boeing-41987172.html Orders for UPS cargo planes give Boeing a welcome boost

Fry Electronics Team

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