Airbus' Domination of Boeing Continued in November
On the surface, Boeing (NYSE: BA) might seem to be getting back on the right track following two tough years. Last month, the Federal Aviation Administration finally recertified the Boeing 737 MAX for commercial service. That paved the way for Ryanair to order 75 more 737 MAX 200s earlier this month. Last week, the 737 MAX achieved two additional milestones. On Tuesday, Boeing handed over a 737 MAX to United Airlines, marking the type's first delivery since March 2019. A day later, Brazil's Gol became the first airline to operate the 737 MAX in commercial service in nearly 21 months.
However, shoddy operations and a shaky order backlog continue to plague Boeing. The aircraft manufacturer recently reported another huge drop in deliveries for November. That stood in stark contrast to Airbus (OTC: EADSY), which is rapidly getting back to business as usual.
Boeing delivered just 50 jets in the first quarter of 2020, as the 737 MAX grounding prevented it from participating in the highest-volume segment of the commercial jet market. The onset of the pandemic then made matters much worse. Boeing delivered just 20 commercial jets in the second quarter and 28 in the third quarter. For comparison, Boeing averaged more than 200 deliveries per quarter in 2018.
Source Fool.com
