Boeing said Thursday that it delivered four jetliners in November. The company is coming off of a two-month strike by its hourly workers. That number should have been much higher, wrote Cowen and Co. analyst Cai von Rumohr in a report today. He was expecting 15 to 20 deliveries for the month.
The strike was over Nov. 3 and workers had to return to work by Nov. 10, he said. Even with the Thanksgiving holiday, that gave Boeing 2 1/2 weeks to start recovery from the strike. There were a lot of planes near completion going into the work stoppage.
Von Rumohr also notes that net jetliner orders for Boeing were weak in November.
