Boeing has updated its guidance for 2023. The company says it will deliver fewer 737s than planned this year due to a quality issue at supplier Spirit AeroSystems.
Until now, the manufacturer has maintained that it would deliver between 400 and 450 jet in 2023. Now it has reduced that target to 375 to 400 aircraft. Despite the setback, Boeing plans to keep its 737 production ramp up plan intact.
Clients should note that my forecast for the 737 reflects production of the aircraft rather than deliveries, which includes both new aircraft rolling off the line and aircraft it built but could not deliver during the period regulators had grounded the aircraft. I have kept the existing forecast in place for now but may adjust it later in the year if Boeing issues new guidance on production rates.
A lifelong aviation enthusiast, Douglas Royce is currently co-editor of four of Forecast International's Market Intelligence Services: Civil Aircraft Forecast, Military Aircraft Forecast, Rotorcraft Forecast, and Aviation Gas Turbine Forecast. As such, he plays a key role in many important projects that involve market sizing and forecasting for various segments of the world aerospace industry, as well as demand for related systems.
