Boeing delivered a complete of 59 business planes within the fourth quarter capping a disappointing 12 months for the American airplane producer.
In complete, the corporate delivered to 157 business jets in 2020, a 59 per cent drop on the 320 deliveries made in 2019.
Boeing noticed demand for its planes, particularly wide-body jets utilized in long-haul flights, plummet with the Covid-19 pandemic.
The grounding of the Boeing 737 Max additionally took a toll, with manufacturing charges reduce final 12 months.
Nevertheless, the airplane has now returned to business service, leaving Boeing to argue 2021 can be a 12 months of restoration.
“Via the worldwide pandemic, we took significant steps to adapt to our new market, remodel our enterprise and ship for our business, defence, area and providers prospects in 2020,” mentioned Greg Smith, Boeing government vp of enterprise operations and chief monetary officer.
“The resumption of 737 MAX deliveries in December was a key milestone as we strengthen security and high quality throughout our enterprise.
“We additionally continued complete inspections of our 787 airplanes to make sure they meet our highest high quality requirements previous to supply.
“Whereas limiting our 787 deliveries for the quarter, these complete inspections characterize our concentrate on security, high quality and transparency.”
He added: “As we proceed navigating by means of the pandemic, we’re working carefully with our world prospects and monitoring the gradual worldwide site visitors restoration to align provide with market demand throughout our widebody applications.
“In 2021, we’ll proceed taking the appropriate actions to reinforce our security tradition, protect liquidity and remodel our enterprise for the longer term.”
Whereas additionally hit by the pandemic, rival Airbus reported a smaller drop in 2020 deliveries earlier this week.