Boeing 737 MAX Deliveries Resume: 1 Big Yellow Flag
In November 2020, the FAA finally recertified the Boeing (NYSE: BA) 737 MAX for commercial service, following a 20-month grounding. That paved the way for deliveries and commercial flights to resume in December. It also laid the groundwork for two significant 737 MAX orders.
Initial data suggest that Boeing delivered about two dozen 737 MAX jets last month, beginning the process of clearing out its inventory. However, a closer look at Boeing's delivery activity highlights how its most important aircraft program remains in a perilous position.
During December, Boeing delivered at least 22 737 MAX 8 and 737 MAX 9 jets to commercial airlines. All but one of those jets -- a 737 MAX 9 delivered to Copa Airlines on Dec. 22 -- went to U.S. airlines. American Airlines (NASDAQ: AAL) received 10 737 MAX 8s last month, Southwest Airlines (NYSE: LUV) received three 737 MAX 8s, and United Airlines (NASDAQ: UAL) took eight 737 MAX 9s.
Source Fool.com
