Boeing delivers 60 jets in June, including 8 to China, as it resumes deliveries

Boeing delivered 60 aircraft in June, marking a 27% year-over-year increase, a key development for its financial recovery efforts. Notably, this included eight jets to Chinese customers, resuming deliveries to the region for the first time since a trade dispute ended. While Boeing secured 116 gross new orders during the month, this represented a decline from May's strong order activity, and European rival Airbus also reported 60 deliveries for June.

Analysis

Boeing's operational recovery is gaining traction, evidenced by the delivery of 60 aircraft in June, a 27% year-over-year increase. This ramp-up is critical for improving the company's cash flow and stabilizing its debt-heavy balance sheet. A key strategic development is the resumption of deliveries to China, with eight jets handed over to Chinese customers for the first time since the recent trade dispute, signaling the reopening of a vital market. For the first half of 2025, Boeing has delivered 280 jets, with the 737 MAX program contributing 206 of that total. While new order intake remains strong with 116 gross orders in June, this marks a slowdown from May's historic tally, and net orders for H1 stand at 625 after accounting for cancellations. In a direct competitive comparison, European rival Airbus matched Boeing's performance by also delivering 60 aircraft in June, underscoring the persistent intensity of competition in the aerospace sector.

Key Decisions for Investors

• The 27% year-over-year increase in June deliveries and the successful resumption of sales to China are strong positive catalysts, suggesting investors should view this as a key indicator of improving operational health and future cash flow generation for Boeing.
• While H1 net orders are robust, investors should monitor the order book momentum in the second half of the year, as June's order activity represented a notable decline from the prior month's historic high.
• Given that competitor Airbus matched Boeing's 60 aircraft deliveries in June, it is prudent to continue tracking relative performance and market share, particularly in the high-volume single-aisle segment where the 737 MAX competes with the A320 family.