New Boeing Orders Almost Wiped Out by Cancellations
Boeing released its latest report on airplane orders received -- and canceled -- through early November on Thursday.
To date, the aerospace giant has booked:
- 933 "gross" orders for various flavors of its 737 regional airliner
- 135 orders for the 787 Dreamliner
- 50 for the 777 airliner
- 10 747 orders.
After subtracting 157 orders for single-aisle 737s lost to cancellation so far this year, and the eight 777s, five 747s, and the single 787 order also canceled, Boeing was left with 957 net orders booked to date.
Under the rubric "good news/bad news," Boeing added 26 new 737 orders from an unidentified customer last week... then promptly had all these new orders wiped out by an equivalent cancellation of 26 units of the 737. The company did manage to increase its 787 tally, however, by two new Dreamliner orders.
End result: Boeing's order book increased by a net of two new planes over the past week.
The article New Boeing Orders Almost Wiped Out by Cancellations 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.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.