Boeing's 2014 Order Book Update: No News Yet, but Do Stay Tuned
Boeing released its latest report on airplane orders received -- and canceled -- through the first six weeks of 2014 on Thursday. For the second week in a row, the report showed that Boeing has made no new sales -- not one plane sold so far in the month of February.
To date, the aerospace giant has booked:
- 33 "gross" orders for various flavors of its 737 regional airliner
- four orders for the 777 airliner
- and a single order for a 787 Dreamliner.
After subtracting the three 737 order cancellations reported on previously, this leaves Boeing with a total of 35 net orders booked year-to-date.
Despite the disappointing lack of change to Boeing's order book, however, new orders are on the way. Yesterday, the company confirmed that at the ongoing Singapore Airshow it signed a commitment from Bangkok's Nok Air to order eight Next-Generation 737-800s and seven 737 MAX 8s.
If the order is ultimately completed, it will double the size of Nok's Boeing fleet -- currently comprising 14 Boeing Next-Generation 737s. It will also mean $1.45 billion in new sales for Boeing, at list prices, which customers don't always pay.
The article Boeing's 2014 Order Book Update: No News Yet, but Do Stay Tuned 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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