A surge in late-fourth-quarter deliveries lifted both Airbus and Boeing to record calendar-year delivery totals for 2018 and—even more important—demonstrate that significant choke points in narrowbody production have eased for them. Boeing handed over 173 737s in the fourth quarter, exceeding its third-quarter figure by 35. The surge helped the U.S. airframer finish the year with 806 deliveries, including 580 737s. The figures topped 2017’s record marks of 763 and 529, ...

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