While Boeing is starting 2024 with yet another crisis about its safety and reliability, it reported record orders for the end of 2023, as reported by Chris Isidore for CNN.
Boeing reported 1,456 gross orders for the year, one of its best years ever. I Photo: The Boeing Company Facebook
The US plane maker capped its best year since the 737 Max grounding in 2019 following two fatal crashes, reporting record new plane orders in December and one of its best years for sales ever.
Boeing reported 1,456 gross orders for the year, one of its best years ever. Adjusted for canceled orders, the annual total came to 1,314 commercial aircraft, its third-best year on record by that measure and its best total since 2014.
In addition, the company was able to add back more than 200 orders that it had previously classified as unlikely to be completed, lifting its total net orders to 1,576 jets.
Even more important to its bottom line, since most of the money from selling aircraft is only at the time of delivery, Boeing had the largest number of planes delivered to customers since 2018, the year before the 737 Max grounding kicked off a series of safety and production problems, which together with the pandemic, plunged the company into five years of red ink.