Boeing says “no step up” in deliveries for second quarter

Boeing’s year continues to be plagued with difficulties as its shares fell well over 7% on May 24, 2024, at market close, as the company said its poor delivery results were likely to filter into the second quarter. At the Wolfe Research Global Transportation & Industrials Conference, Boeing executive vice president and chief financial officer Brian West said: “In terms of deliveries, there’s not going to be a step up in the second quarter. The second quarter will be more or less in line with the first quarter.” Boeing had delivered 83 aircraft in the first quarter, 67 of which