Boeing Q1 Deliveries Up 32 Percent

April 5, 2012

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Boeing said on Thursday it delivered 137 commercial planes in the first quarter, up 32 percent from the same period a year earlier, led by an increase in 737 deliveries.

It reported deliveries of 99 narrow-body 737s, up from 87 delivered in the first quarter of 2011.

Boeing also reported deliveries of five 787 Dreamliners, its long-overdue lightweight, carbon-composite plane that finally came to market late last year.

Deliveries of the wide-body 777 rose to 20 from 13. Boeing said it delivered six 747s, compared with none in the year-ago period.

Boeing is ramping up production on all of its commercial aircraft to meet increased demand.

Boeing is set to report first-quarter earnings on April 25.

Aircraft demand has been rising since 2009 when Boeing booked only 142 new commercial orders. Boeing booked 805 new orders in 2011.

Also on Thursday, Boeing said it took orders in the week ended March 31 for six 777s, potentially worth USD$1.8 billion at list prices, depending on the model.

The company said earlier this week that Angola carrier TAAG Linhas Aereas de Angola ordered three 777-300ERs. The buyer of the other three 777s was not identified.

(Reuters)