Boeing Orders in 2014 Continue to Lag 2013 Tally
Boeing released its latest report on airplane orders received -- and canceled -- through late June on Thursday. No additions to the order count have been reported in the past seven days.
To date, the aerospace giant has booked:
- 534 "gross" orders for various flavors of its 737 regional airliner
- seven orders for the 777 airliner
- one 747 order
- one 787 order
No new cancellations were reported for the week, either. As a result, Boeing's 543 gross orders placed for planes to date, minus the 54 cancellations last reported, results in a net gain of 489 planes to Boeing's order book.
Last year, Boeing booked a total of 1,531 "gross" new plane orders, which, after cancellations, resulted in a net gain of 1,355 -- the second largest number of net new orders received in a single year in company history.
Now near the half-year mark for 2014, though, the company's performance on gross and net orders both suggest that Boeing is falling short of that near-record mark achieved last year. With the year nearly 50% gone, Boeing has recorded only about 35% as many gross, and 36% as many net, plane orders in 2014 as it received in all of 2013.
The article Boeing Orders in 2014 Continue to Lag 2013 Tally 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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