SEATTLE - Boeing (NYSE:BA) has announced robust end-of-year sales, securing a total of 1,314 net new orders for the year. This sales performance comes despite recent safety incidents involving the Boeing 737 Max 9 operated by Alaska Airlines, which led to the grounding of certain models of the aircraft.
The aerospace giant's sales tally was bolstered by major purchases from several airlines and leasing companies. Notably, Avolon Aerospace Leasing, Ethiopian Airlines, Lufthansa, and SunExpress contributed to the significant order count. In addition to the new orders, Boeing also reached a milestone in its aircraft deliveries. Over the course of the year, the company delivered 528 aircraft, which is the highest number of deliveries since 2018.
Despite these achievements, Boeing's performance still trails behind its main competitor, Airbus, in terms of net orders and deliveries. However, with a current backlog of 5,626 aircraft orders, Boeing maintains a strong market position, indicating sustained demand for its aircraft models. The company's ability to secure such a substantial number of orders reflects confidence from its customers and resilience in the face of challenges.
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