Boeing Orders in 2014 Continue to Lag 2013 Tally

Boeing (NYSE: BA  ) released its latest report on airplane orders received -- and canceled -- through late June on Thursday. No additions to the order count have been reported in the past seven days.

To date, the aerospace giant has booked:

  • 534 "gross" orders for various flavors of its 737 regional airliner
  • seven orders for the 777 airliner
  • one 747 order
  • one 787 order

No new cancellations were reported for the week, either. As a result, Boeing's 543 gross orders placed for planes to date, minus the 54 cancellations last reported, results in a net gain of 489 planes to Boeing's order book.

Last year, Boeing booked a total of 1,531 "gross" new plane orders, which, after cancellations, resulted in a net gain of 1,355 -- the second largest number of net new orders received in a single year in company history.

Now near the half-year mark for 2014, though, the company's performance on gross and net orders both suggest that Boeing is falling short of that near-record mark achieved last year. With the year nearly 50% gone, Boeing has recorded only about 35% as many gross, and 36% as many net, plane orders in 2014 as it received in all of 2013.

Discover a top stock pick for 2014
Every year, The Motley Fool's chief investment officer hand-picks 1 stock with outstanding potential. Just click here to download your free copy of "The Motley Fool's Top Stock for 2014" today.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 3009954, ~/Articles/ArticleHandler.aspx, 11/28/2014 11:19:11 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement