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Boeing's dismal 2024 deliveries show just how much of a challenge CEO Kelly Ortberg faces

1. Boeing delivered 348 aircraft in 2024, far behind Airbus's 766 deliveries. 2. This is Boeing's lowest delivery figure since the pandemic, down over one-third from last year. 3. Boeing is struggling with production challenges, including a 7-week strike and safety issues. 4. CEO Kelly Ortberg aims to increase production and reclaim competitiveness against Airbus. 5. Boeing's backlog is smaller but orders lag behind Airbus's demand for new aircraft.

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FAQ

Why Bearish?

Boeing's significant delivery shortfall raises concerns about its competitive position. History shows production issues can depress stock prices, as seen post-737 Max crisis.

How important is it?

The article discusses Boeing's key operational struggles directly affecting its market performance.

Why Long Term?

Boeing's ability to recover will influence its market position over years. Past delivery struggles highlighted the need for sustained improvement to regain confidence.

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