Friday, June 20, 2014

Boeing reports strong 737 sales

Boeing released its latest report on airplane orders received -- and canceled -- through June 17 on Thursday. There was a large increase in the number of 737 orders received in the past week.
To date this year, 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.
All new orders booked over the past week were for Boeing 737s -- a total of 95 new orders. Nearly one out of every five Boeing 737s that have been ordered this year were ordered in the past week. Turkish Airlines ordered 15 of the new 737s. A further 80 new orders came from what Boeing calls unidentified customer(s).

No new cancellations were reported for the week. 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.

(Rich Smith - The Motley Fool)

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