Boeing Updates Order Book: 747 Tally Still Negative

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Boeing released its latest report on airplane orders received -- and canceled -- through May 21 on Thursday.

To date, the aerospace giant has booked 424 "gross" orders for various flavors of its 737 regional airliner, three 747s, 29 777s, and 42 of its troubled 787 Dreamliners.

From this total, Boeing subtracted 57 737s, five 747s, and eight 777s for customer cancellations, resulting in a net of 428 commercial airplanes ordered year to date. That's more than twice the planes Boeing had received orders from as recently as last month. However, the lost 747 orders may still sting. As of today, this is the only plane category for which Boeing has a negative net order total for the year -- negative two.


Boeing shares climbed 1.9% in response to the news Thursday, closing at $99.75.

The article Boeing Updates Order Book: 747 Tally Still Negative originally appeared on Fool.com.

Fool contributor Rich Smith and The Motley Fool have no position in any 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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