Boeing is expected to deliver 30 737s in April, according to Aero Analysis Partners (AAP) as it continues to ramp up production and deliveries.
The expected deliveries are slightly below the 33 737s delivered in March, however exceed the company's expectations of high 20s for the month.
Additionally, Bank of America analyst Ronald Epstein said the deliveries are “nearly in line with the average of 31 units” required for the US OEM to meet its low- to mid-90s outlook for second quarter deliveries.
“In terms of production, AAP projects 31 737's rollouts for April, up from 27 in March, signalling a significant step towards the expected rate of 38,” Epstein added.
Additionally, Boeing is expected to deliver eight 787s in April. On April 30, Boeing said on X/Twitter it delivered two 787s to American Airlines.
“Should Boeing manage to deliver a total of eight units in April, it would mark the highest monthly deliver total for the programme year-to-date,” added Epstein.
During April, Boeing is expected to produce four 787s, according to AAP.
China temporarily halted Boeing deliveries, with three aircraft in Zhoushan returned to Boeing. Seven other aircraft that were bound for China were returned to Boeing. As of the first quarter, Boeing had 25 737-8s and four 787s in its inventory, all built prior to 2023, that were to be delivered to China.
Epstein commented: “If required, we believe Boeing will have no difficulty reallocating the aircraft not accepted by China to other airlines seeking additional capacity. Air India has already expressed interest in purchasing 10 of these aircraft, while Malaysia Airlines and Riyadh Air have also shown interest.”
Startup airline Riyadh Air pushed back the commencement of its operations to later this year as a result of 787 delivery delays from Boeing.
Boeing has been striving to bolster its production and deliveries this year after a string of challenges last year. The company reported a smaller loss than expected for the first quarter, along with an 18% growth in revenues, totalling $19.5bn for the period. Additionally, the company was saved from junk status after S&P Ratings removed it from credit watch status in late April.