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737-800 posts

Boeing says Qantas orders 31 more 737-800s for $2.3 billion

Posted Dec 20th 2007 7:23PM by Joseph Lazzaro (RSS feed)
Filed under: Good news, Boeing Co (BA)

Boeing is closing-out 2007 in fitting fashion: with yet another order in an already record year for commercial plane orders for the company.

Boeing announced Thursday Australia-based Qantas has ordered 31 more 737-800 commercial jetliners, in a deal worth roughly $2.3 billion, Reuters reported.

The Boeing Company (NYSE: BA) officials told the Puget Sound Business Journal Friday that Qantas' order is the largest order for its 737 class single-aisle plane.

Two years ago, in December 2005 Qantas agreed to buy up to 115 next-generation 787 Dreamliners worth up to $6.1 billion, the Puget Sound Business Journal reported Friday.

Continue reading Boeing says Qantas orders 31 more 737-800s for $2.3 billion

Boeing boom times, Airbus struggles

Posted Mar 10th 2007 12:10PM by Tom Barlow (RSS feed)
Filed under: Earnings Reports, Products and Services, Boeing Co (BA)

While Airbus reports a $1 billion loss for the fourth quarter of 2006, Boeing appears to be the frontrunner to replace American Airlines' fleet of 300 MD-80 planes. American CFO Tom Horton was quoted by Bloomberg News Friday saying that the airline will soon announce plans to upgrade their fleet, and he significantly made note of Boeing's ability to supply their 737-800 model quickly. American already flies 77 of the fuel-saving model.

The Boeing Company (NYSE:BA) delivered 398 of the $66-75 million planes in 2006, trailing Airbus, who delivered 434 of their competing A320 model. However, Boeing currently has confirmed orders for 1,044, compared to 790 for Airbus.

As Boeing anticipates this whopper of an order, the European Aeronautic Defence and Space Co., the consortium that is Airbus, announced Friday a $1.1 billion loss for the fourth quarter of 2006. The company has been hurt deeply by their inability to bring a new jumbo jet, the A380, to market. In the meantime, Boeing has booked ~~gained an enormous lead in this sector, booking~~ over 450 orders for its new ~~superjumbo~~ 787 Dreamliner.