Tags: Boeing More Than Triples Orders | Beats Delivery Goal

Boeing More Than Triples Orders, Beats Delivery Goal

Thursday, 06 January 2011 01:12 PM EST

Boeing Co. said Thursday that it delivered 462 commercial airplanes last year, matching its guidance of about 460 deliveries.

The 2010 total was down from 481 in 2009. Airlines order commercial planes years in advance, but some were able to adjust delivery schedules to respond to the recession.

Boeing orders for 2010 rebounded to 530, after hitting a low of 142 in 2009 as the recession scared airlines into delaying purchases of new planes.

The company's top-selling aircraft was its 737 with 376 deliveries last year. The 737 is used mostly for domestic flights, and can carry anywhere from 110 to more than 200 people. It competes with the Airbus A320.

Boeing booked orders for 486 more 737s last year, and it now has a backlog of 2,186 of the planes. Boeing has announced plans to raise 737 production because of strong demand, to 35 per month early next year and 38 per month in 2013. The 737 has a list price of between $57 million to $85.8 million, although discounts are common.

The two-aisle 777 had 74 deliveries and 46 orders in 2010. Boeing is raising 777 production, too, to as many as seven per month later this year, and more than eight per month by early 2013.

Boeing lost four orders for its new 787, which it is still flight testing before making its first delivery. Boeing is expected to announce a new 787 delivery schedule later this month.

Also Thursday, Boeing said it lost two orders for its 747. Boeing now has 107 orders for the revamped version of the jumbo jet.

Airlines took delivery of 12 767s and placed three orders for the planes.

Shares of Chicago-based Boeing rose 88 cents to $68.36 in afternoon trading.

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Boeing Co. said Thursday that it delivered 462 commercial airplanes last year, matching its guidance of about 460 deliveries. The 2010 total was down from 481 in 2009. Airlines order commercial planes years in advance, but some were able to adjust delivery schedules to...
Boeing More Than Triples Orders,Beats Delivery Goal
290
2011-12-06
Thursday, 06 January 2011 01:12 PM
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