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Boeing Deliveries Drop 17% in November, Lagging Behind Airbus

Boeing Deliveries Decline in November Amidst Intensifying Competition from Airbus
Boeing reported a significant drop in aircraft deliveries in November, delivering 44 jets compared to 53 in October, representing a 17% decline. This decrease places the U.S. manufacturer notably behind its European rival Airbus, which delivered 72 aircraft during the same period. The downturn highlights persistent challenges for Boeing as it strives to meet quarterly targets amid a year-end delivery push.
Breakdown of November Deliveries and Orders
In November, Boeing delivered 32 of its widely used single-aisle 737 Max jets, including five units to Southwest Airlines. The company also handed over six 787 Dreamliners, two of which were delivered to TAAG Angola Airlines as part of the carrier’s expansion strategy. Additionally, Boeing supplied two 777 freighters to Turkish Airlines and Moldova-based Aerotranscargo, alongside four 767 aircraft.
Despite the slowdown in deliveries, Boeing secured 164 new orders in November, offset by 38 cancellations, resulting in a net gain of 126 orders. A significant portion of these orders—74 in total—were for the long-delayed 777X wide-body jet, now projected to enter service in 2027, seven years behind the original schedule. Emirates, the launch customer for the 777X, placed an additional order for 65 jets during the Dubai Airshow, increasing its total 777X orders to 270. Taiwan’s China Airlines also expanded its commitment with nine new 777X orders, following a previous order for 14 aircraft earlier this year.
Boeing also received 30 orders for the 787 Dreamliner, including 15 from Gulf Air, eight from Uzbekistan Airways, six from Etihad Airways, and one from an undisclosed customer. The 737 Max program garnered 43 orders from unidentified buyers. Furthermore, Boeing booked 15 KC-46 tanker orders for the U.S. Air Force and two 777 freighter orders. However, the company faced cancellations as well, with Etihad withdrawing 15 777X orders, Air Canada canceling four 787s, and South Africa’s Comair canceling five 737 Max orders.
Industry Context and Outlook
While Airbus outperformed Boeing in November deliveries, the European manufacturer recently reduced its full-year delivery target by 4% to 790 jets, citing industrial quality concerns. Boeing continues to contend with delays in its 777X and 737 Max programs, fueling investor apprehension. Following the November delivery report, Boeing’s stock experienced a slight decline despite recent defense contract successes and strong 737 deliveries.
Year-to-date through November 30, Boeing has delivered a total of 537 jets, including 396 737 Maxs, 74 787s, 33 777s, and 28 767s. The company recorded 1,000 new orders for the year, or a net 908 after cancellations and conversions, maintaining an order backlog of 6,019 aircraft at the end of November.
Looking forward, Boeing Chief Financial Officer Jay Malave indicated last week that the company anticipates achieving positive cash flow in 2026, driven by expected increases in jet deliveries. Nonetheless, the recent delivery slowdown and ongoing program delays underscore the significant challenges Boeing faces in regaining momentum and narrowing the gap with Airbus.

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