Boeing Faces Setbacks Amid Strikes and Increased Oversight

Boeing reported delivering only 14 commercial jets in October 2023 due to a strike that affected production. The company aims to increase production of its 737 MAX series as it addresses regulatory scrutiny and labor issues. Deliveries included several models, while orders continued to be strong.

On Tuesday, Boeing reported a significant drop in its commercial jet deliveries for October, handing over only 14 jets compared to 34 in the same month of 2023. This downturn followed a prolonged strike that brought most of Boeing's aircraft production to a halt.

With the strike concluding on November 5, Boeing has called its West Coast factory workers back to work, but warns that full airplane production will take several weeks to resume. As the U.S. Federal Aviation Administration intensifies oversight, Boeing is working to restart production of its popular 737 MAX jets and other models.

Aside from handling labor challenges, Boeing has been navigating regulatory scrutiny since an in-flight incident involving a 737 MAX earlier in the year. Nonetheless, the planemaker booked a considerable number of orders in October and continues to aim for increased production rates.

(With inputs from agencies.)