Exclusive Economy » boeing http://exclusiveeconomy.com Your Portal For Informal Analysis Fri, 25 Jun 2010 03:21:12 +0000 en hourly 1 http://wordpress.org/?v=3.0 Boeing Meets Expectations- Predicts Revival In 2012 http://exclusiveeconomy.com/2010/01/boeing-meets-expectations-predicts-revival-in-2012/ http://exclusiveeconomy.com/2010/01/boeing-meets-expectations-predicts-revival-in-2012/#comments Thu, 07 Jan 2010 18:32:08 +0000 EE Economist http://exclusiveeconomy.com/?p=471 Boeing’s Press Release:
Boeing announced that orders will begin to rise in 2012 as the economy recovers leading to a boost in air travel and airline profits.

“We’re starting to see the economy turn around after a really difficult year last year in terms of traffic,” Randy Tinseth, Boeing’s marketing chief

Brief Summary:

Upside

  • In 2009 Boeing delivered 481 commercial jets, 29% increase from the year before.
  • Boeings backlog is strong with 3,375 planes
  • Boeing delivered 372 737’s and the majority of the backlog orders consists of 2,076 737′s.

Downside

  • Net orders declined from 662 in 2008 to 142 in 2009, as a result of economic conditions and internal problems. Specifically, in regards to the 787 delays.
  • Boeing cut production of the 777, delivered 88 planes
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