Boeing Reveals the Identity of 3 of Its Secret Buyers

Boeing (NYSE: BA  ) released its latest report on airplane orders received -- and canceled -- through the end of June on Thursday. Ten new orders have been recorded over the past seven days, and all of them were 737s. The company also reported second-quarter deliveries totaling 181,bringing it to 342 deliveries for the year.

On the orders front, to date this year, the aerospace giant has booked:

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

Boeing noted that "unidentified customer(s)" were responsible for all 10 of the single-aisle 737s ordered over the past week. Additionally, the company revealed the identities of the companies that ordered eight 737s previously reported as going to unidentified customers:

  • Alaska Air Group, responsible for four 737 orders (now six total for the year)
  • Belarus's Belavia, which ordered three more
  • Air Lease Corporation, which ordered one single 737.

No new cancellations were reported for the week. As a result, Boeing's 553 gross orders placed for planes to date, minus the 54 cancellations last reported, results in a net gain of 499 planes to Boeing's order book for the year.

On the deliveries front, Boeing noted in a separate announcement that deliveries of planes already ordered are up 11.8% from where they were at this time, last year. So far, Boeing has delivered 342 commercial airplanes to its customers this year. For the quarter, deliveries are up 7.1% at 181 planes.

Leaked: Apple's next smart device (warning, it may shock you)
Apple recently recruited a secret-development "dream team" to guarantee its newest smart device was kept hidden from the public for as long as possible. And there's one small company making Apple's gadget possible. And its stock price has nearly unlimited room to run for early in-the-know investors. To be one of them, and see Apple's newest smart gizmo, just click here!


Read/Post Comments (3) | Recommend This Article (12)

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.

  • Report this Comment On July 03, 2014, at 4:14 PM, Tyeward wrote:

    I would really really like to see the 747-8i get more attention and love than it´s getting. It´s nice that Lufthansa has them on order. I would really like it if Lufthansa would share with the rest of the airline industry how they are making them work so that other airlines can see the logic in having it in their fleet. It would be nice if Delta and United had them on order, however I think they will use their 747-4´s until they just can´t use them anymore. Which reminds me to scold United for not spending the money to upgrade the interiors of their 747´s since they plan on keeping them around longer. Then again, it´s not like they are making money. Anyway, I´m keeping my fingers crossed for more orders of the 747-8i. :-)

  • Report this Comment On July 04, 2014, at 10:16 AM, bully wrote:

    Not sure what the point is of secret buyers. At last there is some genuine competition in the commercial airline market. Fat cat Boeing is now morphing into cool cat and that is good for all of us. Whatever model airlines decide to buy will all come down to money, it always does. I noticed that Delta were complaining because one of our government departments is giving cheap loans to foreign companies who buy Boeing. Is this another subsidy? I hear complaints from both Airbus and Boeing on funding issues. Delta thinks cheap loans to foreigners hurt them, possibly so.

  • Report this Comment On July 05, 2014, at 8:29 AM, skiptex wrote:

    Sorry, but "Secret orders" is kinda media hype. Boeing does not announce orders until the buyer announces. This isn't "secret" which implies conspiracy.

Add your comment.

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: 3017790, ~/Articles/ArticleHandler.aspx, 10/31/2014 8:20:04 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