Boeing 4Q commercial aircraft deliveries up 10 pct

AP News
Posted: Jan 05, 2012 2:00 PM
Boeing 4Q commercial aircraft deliveries up 10 pct

Boeing's commercial aircraft deliveries rose 10 percent in the last three months of 2011, the company said Thursday, driven by widespread growth among its models and two deliveries of the highly anticipated 787.

The Chicago company delivered 128 commercial airplanes in the fourth quarter, compared with 116 in the same period a year earlier. In the third quarter, it delivered 127 commercial planes, including its first 787 to Japanese airline All Nippon Airways.

Fourth-quarter results included two deliveries of the 787, which Boeing calls the Dreamliner. They also included nine deliveries of the 747, none of which were delivered in last year's fourth quarter; six 767 deliveries, up from three a year ago; and 20 777s, compared with 18 deliveries a year earlier.

The biggest chunk of the fourth-quarter tally was 91 deliveries of its 737 model, down slightly from 95 in the fourth quarter of 2010. Boeing has announced plans to build a new version of this best-selling model with a new engine, which it calls the 737 max.

It's Boeing's response to rival Airbus, which plans to build a more fuel-efficient version of its popular plane, the A320 neo. Southwest Airlines Co. will be the first recipient of Boeing's new plane, representing the biggest firm order in the company's history by number of planes _ 208 _ and by list-price value, at nearly $19 billion.

For all of 2011, Boeing said deliveries rose 3 percent to 477 from 462 the year before. Total orders for Boeing commercial aircraft surged 52 percent to 805 last year, after 116 cancellations. Customers ordered 530 Boeing aircraft in 2010.

Boeing also revealed Thursday that it had received an order for 27 planes from an unidentified customer _ 2 of the 767s and 25 of the 787s. The 787 order pushed Boeing's order book into the black following cancellations earlier in the year. Boeing ended 2010 with 13 net orders for the 787.

Shares of Boeing Co. slipped 79 cents to $73.54 in afternoon trading.