Boeing
Boeing wins 777 orders; Avoids more 787 losses
CHICAGO - Boeing Co. said Thursday that it had secured orders for three 777 aircraft over the past week and avoided any more cancellations for its 787 and other models.
The new deals leave the company with a net loss of 10 orders year-to-date, compared with 13 when it last updated investors on Feb. 24.
With airlines suffering falling passenger numbers and reduced access to finance, there is concern that Boeing and Airbus may suffer a raft of cancellations.
Boeing has lost 32 orders for its 787 plane as it works to produce an aircraft that is more than two years behind schedule.
A Russian airline and a Middle East leasing company accounted for the bulk of the 787 cancellations.
Boeing said in its weekly update for the period to March 3 that it has secured orders for one 777 from Air New Zealand, and two from unidentified customers.
It has already booked orders for 19 737 aircraft this year, most of them from Ryanair Holdings PLC.
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