Boeing's March deliveries expected to surge at month’s end

Boeing is expected to increase its aircraft deliveries in the last weeks of March. According to Bank of America (BofA), deliveries of the 737 model could reach levels seen in January. So far, Boeing has delivered 12 737s this month. Analysts believe that March deliveries will exceed those from February and may match January's total of 40 units. BofA notes that this surge in deliveries is typical for Boeing at the end of each quarter, particularly in March. Although production started strong, the final output for March is expected to settle in the low to mid-twenties, similar to January’s figures. A recent fire at SPS Technologies, which supplies aerospace components, may pose concerns for the future. However, Boeing's existing inventory should help it manage any immediate production issues. For the 787 program, there have been no deliveries reported in March yet, but analysts predict five deliveries by the end of the month, matching January's total. There may also be four rollouts, just one less than February. Additionally, the Federal Aviation Administration (FAA) has suggested a new inspection requirement for the 787 to check a vital part for possible damage. BofA believes this will not significantly affect operations, as Boeing had already identified the issue in October 2024, and the inspections will not lead to grounding the fleet. BofA continues to hold a Neutral rating on Boeing with a target price of $185 per share.