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Boeing Updates Order Book: 747 Tally Still Negative

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Boeing (NYSE: BA  ) released its latest report on airplane orders received -- and canceled -- through May 21 on Thursday.

To date, the aerospace giant has booked 424 "gross" orders for various flavors of its 737 regional airliner, three 747s, 29 777s, and 42 of its troubled 787 Dreamliners.

From this total, Boeing subtracted 57 737s, five 747s, and eight 777s for customer cancellations, resulting in a net of 428 commercial airplanes ordered year to date. That's more than twice the planes Boeing had received orders from as recently as last month. However, the lost 747 orders may still sting. As of today, this is the only plane category for which Boeing has a negative net order total for the year -- negative two.

Boeing shares climbed 1.9% in response to the news Thursday, closing at $99.75.

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Rich Smith

I love things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well. Follow me on Twitter or Facebook for the most important developments in defense & aerospace news, and other great stories besides.

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11/25/2015 3:41 PM
BA $147.44 Down -1.21 -0.81%
The Boeing Company CAPS Rating: ****