50 SKY SHADES - World aviation news

Boeing delivers fewer planes in third quarter, orders fall

Download: Printable PDF Date: 06 Oct 2016 18:27 (UTC) category:
Publisher:
Boeing delivers fewer planes in third quarter, orders fall - Manufacturer publisher
Tatjana Obrazcova
Country: United States Aircraft: Airplanes
Source: Reuters

Boeing Co said it delivered 188 commercial aircraft in the third quarter, down from 199 a year earlier, as deliveries of its 737, 777 and 787 models fell.

Shares of the world's biggest planemaker were down 0.5 pct at $133.99 in morning trading.

Boeing booked orders for 150 commercial planes in the third quarter, lower than the 182 a year earlier.

The company said deliveries of its single-aisle 737 slipped to 120 from 126 in the third quarter as customers await first deliveries of the 737 MAX, the latest version of its most popular plane, next year.

Deliveries of 777 model declined to 22 from 27, while 787 deliveries fell to 36 from 37.

The company said it delivered 563 planes this year.

Rival Airbus delivered 62 aircraft in September, including eight of its A320neo jets and five A350s, bringing the total for the year so far to 462 aircraft.

Boeing Chief Executive Dennis Muilenburg warned in September that the company might miss its target of selling 740 jetliners in 2016 and production of 777 jets may be cut further if sales continued to lag.





Recommended

Jet Agent: Why operating history should influence every international aircraft acquisition

Aircraft from emerging markets can represent excellent acquisition opportunities but understanding where and how an aircraft operates should shape the pre-purchase inspection and wider due diligence p...

Vista House makes exclusive Asia debut amid Formula 1 Singapore Grand Prix excitement

Vista is set to debut its signature hospitality concept, Vista House, in Singapore, elevating one of Asia’s most anticipated sporting weekends with a refined, members‑only experience. Conceived...

Lufthansa Technik and Emirates extend A380 base maintenance services

Lufthansa Technik and Emirates have reinforced their long‑standing strategic partnership with the renewal of a multi‑year agreement covering base maintenance services for Emirates’ Airbus A380 f...

La Compagnie to introduce nonstop all-business-class service between New York and Düsseldorf

La Compagnie, the 100% Smart Business Class airline, today announced its intention to inaugurate a new nonstop transatlantic route linking Newark Liberty International Airport (EWR) and Düsseldor...

Android Apps development in Riga, Latvia