Boeing's Order Book Shrinks
Boeing released its latest report on airplane orders received -- and canceled -- in the first four months of 2013 Thursday.
To date, the aerospace giant has booked:
- 206 "gross" orders for various flavors of its 737 regional airliner
- Three 747 orders
- 20 for the 777 airliner
- And 42 orders for its bedeviled 787 Dreamliner.
From this total, Boeing subtracted three 737s, five 747s, and eight 777s for customer cancellations, resulting in a net of 255 commercial airplanes ordered year to date. The five 747s were canceled over just the past month; the others, in preceding months.
Boeing shares climbed 1.1% regardless, closing at $92.21 on Thursday.
The article Boeing's Order Book Shrinks originally appeared on Fool.com.Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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