Boeing sees big drop in output after strikes and safety problems

Published On Jan 14, 2025, 12:15 PM

Boeing's aircraft deliveries hit a low of 348 in 2023, the weakest performance since the pandemic, while it has 5,595 orders pending. Increased scrutiny over safety and quality control alongside a strike earlier in the year hampered production. The company plans to enhance its culture and safety protocols to regain trust. In contrast, Airbus delivered 766 planes, showcasing a stronger position in the market. Boeing's ongoing struggles, including delayed aircraft deliveries and quality control issues, are expected to impact the airline industry, which is already facing challenges due to limited aircraft availability.