Boeing Sets Airplane Delivery Record, Finishes 2017 With Larger Order Book

* Logo source: CNN Money

 

…Delivered 763 Commercial Airplanes To Lead Industry For Sixth Straight Year

Boeing said that it delivered more commercial airplanes than any manufacturer for the sixth consecutive year .

This is just as it said that it set an industry record with 763 deliveries in 2017, driven by high output of the market-leading 737 and 787 jets.

At the same time, the company also informed that it grew its backlog with 912 net orders, reflecting healthy demand for its single-aisle and twin-aisle airplanes.

Boeing reached a new high on the 737 programme as it raised production to 47 airplanes a month during the year and began delivering the new 737 MAX, contributing to a record 529 deliveries, including 74 of the MAX variety.

On the 787 Dreamliner programme, Boeing continued building at the highest production rate for a twin-aisle jet, leading to 136 deliveries for the year.

Speaking on the feat, Boeing Commercial Airplanes President & CEO Kevin McAllister, said, “The record-setting performance is a testament to our employees and supplier partners who continue to innovate new ways to design, build and deliver the most fuel-efficient airplanes to customers around the world .”

On the orders front, 71 customers placed the 912 net orders, valued at $134.8 billion at list prices.

The total extends Boeing’s backlog to a record 5,864 airplanes – at year end – which is equal to about seven years of production.

“The strong sales activity reflects continuing strong demand for the 737 MAX family, including the ultra-efficient MAX 10 variant that we launched last year, and the market’s increasing preference for Boeing’s family of twin-aisle jets. Our planned production increases over the coming years are designed to satisfy this robust demand,” said McAllister.

Boeing stated that in 2017, the 787 Dreamliner family racked up nearly 100 net orders and the 777 family captured 60 net orders, as shown in the table below, adding that a detailed report is available on Boeing’s Orders and Deliveries website.

Other major commercial airplanes milestones include the first flights of the 737 MAX 9 and the 787-10 Dreamliner, and the start of production of the 737 MAX 7 and the new 777X.

Family    Gross Orders   Net Orders      Deliveries        Unfilled orders

737          865                     745                   529                    4,668

747            6                         -2                      14                      12

767            15                       15                       10                    98

777            60                        60                       74                   428

787           107                       94                       136                 658

Total         1,053                   912                     763                 5,864

 

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