Boeing Delivers 121 Aircraft in First Quarter
First-quarter deliveries for Boeing Commercial Airplanes rose 5.2 percent from a year earlier, to 121 airliners, the company announced today.
First-quarter deliveries for Boeing Commercial Airplanes rose 5.2 percent from a year earlier, to 121 airliners, the company announced today. Despite registering four more cancellations than new orders in the first three months, the period proved more lucrative than analysts predicted. Aircraft manufacturers get paid the majority of the purchase price of each airplane at the point of delivery.
The bulk of the deliveries came from the 737 line, which produced 91 airplanes during the quarter. Boeing also delivered 23 B777s, four 747s and three 767s.
Boeing projects it will deliver between 480 and 485 airplanes this year, notwithstanding a large number of expected deferrals and delivery cancellations. Airbus, meanwhile, plans to deliver 483.
