Strong Demand for 737 Max Leads Q4 Deliveries for Boeing

Michael Wildes

Tuesday, January 11, 2022 at 05:38 PM ET

Verified

Boeing delivered 99 jetliners, 84 of which were 737 Maxs in the fourth quarter of 2021. [Courtesy: Boeing]

Key Takeaways:

Boeing's fourth-quarter 2021 deliveries showed a strong finish to the year across commercial, military, and defense segments, with Q4 contributing significantly to annual totals for key models like the 737 and KC-46.
The company delivered 340 transport category airplanes in 2021, a substantial increase from 157 in 2020, leading to a positive market reaction with its share price rising.
Despite the improvement and recovery from past challenges, Boeing's 2021 deliveries were nearly half that of its rival Airbus, which delivered over 600 aircraft.

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After a challenging year in 2021—in which its rival delivered nearly twice as many commercial airframes—Boeing (NYSE:BA) released its fourth-quarter deliveries report Tuesday. Highlights from the report include:

Boeing delivered 84 of its 737s in the fourth quarter, more than 31 percent of those sold in 2021.

Across its entire commercial fleet, which includes the 737, 747, 767, 777, and 787, a total of 99 single-aisle and widebody deliveries comprised nearly a third of the commercial deliveries for all of 2021.

Across the military and defense operations segment, 14 re-manufactured AH-64 Apache helicopters were delivered. The newer version of that helicopter also demonstrated strong demand, with nearly a third of all 2021 deliveries happening in the fourth quarter.

Six KC-46 tankers were delivered in the fourth quarter, nearly half of the 13 given to customers in all of 2021.

For the year, Boeing delivered 340 transport category airplanes, up from 157 in 2020. The company will release its fourth quarter and full-year financial results on January 26.