Boeing First-Quarter Deliveries Decline 11% to 108
Shipments through March fell to 108 planes, Boeing said on its Web site today. The company delivered 121 planes from Seattle’s Boeing Field a year earlier, when it was working through pent-up demand from a strike at the end of 2008 that had halted production for two months.
Boeing scaled back 2010 delivery plans, saying in January that shipments would fall to 460 to 465 aircraft, from 481 in 2009. The company decided last year to cut production starting this June, after the global recession spurred airlines to cancel or defer deliveries. In the meantime, Boeing’s commercial chief, Jim Albaugh, decided to restore output next year and predicted last month that the company would regain the No. 1 title from rival Airbus SAS in 2011 as new models enter service.
Through March, Boeing shipped 86 model 737s, the world’s most widely flown plane, as well as 19 model 777s and 3 of its 767s. The company had 100 new orders and 17 cancellations through April 6, leaving it with 83 net orders. That compares with a net of four cancellations a year earlier.
Toulouse, France-based Airbus said today it shipped 122 planes and had 60 orders so far this year. It had 498 shipments last year, retaining the top ranking it has held since 2003.
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