50 SKY SHADES - World aviation news

Boeing delivers fewer planes in third quarter, orders fall

Download: Printable PDF Date: 06 Oct 2016 14:27 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.



Loading comments for Boeing delivers fewer planes in third quarter, orders fall...


Recommended

Boeing, Avation PLC Deliver Philippine Airlines' 10th 777-300ER

Boeing and leasing company Avation PLC celebrated the delivery of Avation's first Boeing airplane, a 777-300ER (Extended Range), that will be leased and operated by Philippine Airlines. Th...

Boeing Board Raises Dividend 20 Percent, Establishes $18 Billion Share Repurchase Authorization

The Boeing board of directors declared the company's quarterly dividend will increase 20 percent to $1.71 per share. The board also replaced the existing share repurchase program wi...

Aerion and Lockheed Martin Join Forces to Develop World's First Supersonic Business Jet

 Two leaders in supersonic technology, Aerion and Lockheed Martin announced a Memorandum of Understanding (MOU) to define a formal and gated process to explore the feasibility of a join...

Project Eagle takes flight

Airbus Helicopters has gone a step further in the experimentation of its Project Eagle, with the in-flight validation of the innovative on-board image processing system. Performed on an H225 flying...

Dassault launches new business jet with termination of Silvercrest contract and 5X programme

Dassault Aviation initiates the termination process of the Silvercrest contract leading to the end of the Falcon 5X program and announces the launch of a new Falcon program with an entry into service...

Delta Air Lines places order for 100 A321neo ACF aircraft

Underscores airline’s confidence in Airbus single-aisle family Delta Air Lines placed an order with Airbus for 100 of the manufacturer’s modern A321neo ACF (Airbus Cabin Flex configurat...