BOEING HITS 2010 AIRPLANE DELIVERY TARGET; ACHIEVES STRONG ORDER BOOKINGS

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By TESTCustomwebLP TESTCustomwebLP January 7, 2011 21:04

BOEING HITS 2010 AIRPLANE DELIVERY TARGET; ACHIEVES STRONG ORDER BOOKINGS

Boeing has announced it has hit its delivery target for 2010 but its full year results show the US aircraft manufacturer Boeing ended 2010 with a net loss in orders for both the 747 and the 787. This is unsurprising as both aircraft programs have been blighted with delays.

Net orders for Boeing commercial aircraft rose to 530 last year after 95 cancellations, up from 293 in 2009. Rival Airbus secured 388 net orders through November 30, including 52 cancellations.

Boeing delivered 462 planes last year, two ahead of guidance issued in October and 13 fewer than in 2009.

“With 376 deliveries in 2010, the Next-Generation 737 set a company delivery record for the second consecutive year,” said Jim Albaugh, president and CEO of Boeing Commercial Airplanes. “The 737 is the industry’s most in-demand airplane with 486 net orders as carriers continue to rely on its superior economics, versatility and continuous performance enhancements.”

The 777 led Boeing’s twin-aisle programs with 74 deliveries and 46 net orders in 2010 as the airplane continues to rank at the top of operator, investor and frequent traveler polls for its efficiency and passenger comfort.

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By TESTCustomwebLP TESTCustomwebLP January 7, 2011 21:04
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