Deliveries at Boeing increased more than twofold between 2020 and 2021. Boeing delivered 340 commercial aircraft worldwide in 2021, including 261 Boeing 737 models. Boeing’s 737 airliner family has come under scrutiny for falling short of safety standards. As a result, some 120 orders for this model family were cancelled in 2019. The total order backlog for Boeing 737 aircraft stood at 4,389 in 2019, which is about 80 percent of the company's total backlog of 5,406.
The Boeing Company
Founded in 1916, the Boeing Company is a global aircraft, rotorcraft and aerospace manufacturer. As one of the largest commercial aircraft manufacturer, Boeing employed roughly 142,000 people during 2021. Boeing’s research and development (R&D) expenditure rose somewhat continuously since the 2000s and in 2019 its R&D expenditure amounted to 2.5 billion U.S. dollars. Between 2007 and 2018, the worldwide revenue of Boeing increased steadily, reaching over 100 billion U.S. dollars. Yet in 2021, the aircraft manufacturer experienced a slight increase in its revenue streams, up to 62 billion U.S. dollars.
Engine suppliers for Boeing
Aircraft engine manufacturing is a capital-intensive industry with few highly-specialized firms. Although Boeing is one of the largest firms in the world, it is not manufacturing engines for its aircraft. Boeing’s aircraft fleet utilize engines manufactured by CFM International, General Electric, Pratt & Whitney, Rolls-Royce and International Aero Engines. As of December 2019, CFM International manufactured engines for over 7,800 Boeing aircraft. Based on market share, CFM International and Pratt & Whitney were the two major commercial aircraft engine manufacturers in North America as of 2020.
Boeing's aircraft deliveries from 1998 to 2021
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Boeing. (August 29, 2022). Boeing's aircraft deliveries from 1998 to 2021 (in units) [Graph]. In Statista. Retrieved February 09, 2023, from https://www.statista.com/statistics/273968/number-of-delivered-aircraft-by-boeing/
Boeing. "Boeing's aircraft deliveries from 1998 to 2021 (in units)." Chart. August 29, 2022. Statista. Accessed February 09, 2023. https://www.statista.com/statistics/273968/number-of-delivered-aircraft-by-boeing/
Boeing. (2022). Boeing's aircraft deliveries from 1998 to 2021 (in units). Statista. Statista Inc.. Accessed: February 09, 2023. https://www.statista.com/statistics/273968/number-of-delivered-aircraft-by-boeing/
Boeing. "Boeing's Aircraft Deliveries from 1998 to 2021 (in Units)." Statista, Statista Inc., 29 Aug 2022, https://www.statista.com/statistics/273968/number-of-delivered-aircraft-by-boeing/
Boeing, Boeing's aircraft deliveries from 1998 to 2021 (in units) Statista, https://www.statista.com/statistics/273968/number-of-delivered-aircraft-by-boeing/ (last visited February 09, 2023)
Boeing's aircraft deliveries from 1998 to 2021 (in units) [Graph], Boeing, August 29, 2022. [Online]. Available: https://www.statista.com/statistics/273968/number-of-delivered-aircraft-by-boeing/