Boeing Reports First Plane-Order Cancellations of 2014

On Thursday, Boeing released its second report on airplane orders received -- and canceled -- in 2014. Covering the first three weeks of this new year, it shows Boeing off to a respectable start with four separate buyers placing orders for a total of 33 of its single-aisle 737 airliners so far this year.

Subtracted from these 33 "gross" orders were three 737 cancellations, resulting in a "net" of 30 new plane orders year to date.

In addition to previous orders from Alaska Airlines and Air Algerie, described last week, Boeing advised that it received orders for three 737s from aircraft lessor Jackson Square Aviation (a division of Mitsubishi) over the past seven days, and 20 orders for new 737s from an "unidentified customer(s)."

Boeing notched record performance on orders in 2013, booking 1,531 gross commercial orders, a company record, and 1,355 net commercial orders, the second-largest number in company history. Those numbers included 1,046 net orders for the 737.


The article Boeing Reports First Plane-Order Cancellations of 2014 originally appeared on

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 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.