Boeing Completes 2012 with Record-Setting Performance
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Saturday, August 30, 2014


Boeing Completes 2012 with Record-Setting Performance

  • 1,203 net commercial orders is second-largest in company history
  • 601 deliveries, most since 1999, fueled by production rate increases
  • 737 program breaks records for orders and deliveries in a single year

Boeing (NYSE: BA) booked 1,203 net commercial airplane orders in 2012, the second-largest number in company history. The company also delivered 601 airplanes, the most since 1999. Boeing's unfilled commercial airplane orders at the end of the year stood at 4,373, the most in company history.

"Our employees rose to the challenge of executing several production rate increases in 2012—a truly remarkable performance," said Ray Conner, president and CEO, Boeing Commercial Airplanes. "Increasing our deliveries by 26 percent allowed us to put more airplanes into the hands of our customers and grow our customer base by offering the best products and services."

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The 737 program broke the record for orders for any Boeing model in a single year, accumulating 1,124 net orders. The 737 MAX – the new engine variant of the best-selling 737 – recorded 914 of those orders, bringing total orders to date to 1,064. In addition, the Next-Generation 737 set a new single-year record with 415 deliveries to customers worldwide. The 737 program also celebrated its 10,000th order in 2012.

Boeing's leadership in the widebody market continued in 2012. The year began with the five-continent 787 Dream Tour and ended with 11 787 deliveries in December to seven customers. To date, 49 787s have been delivered to eight customers.

The 777, which totaled 83 deliveries in 2012 and surpassed 1,000 since launch, won 68 net orders. The airplane continues to win accolades from passengers, earning three prestigious awards voted on by business travelers. With 31 deliveries in 2012, the 747-8 Intercontinental and Freighter have received positive reviews from customers and are performing as expected in service.

"As we look ahead to 2013, we're focused on meeting our customer commitments by increasing production rates and delivering high-quality, reliable products and services," said Conner. "We will also transition the 787-9 into production and flight test and work closely with customers, who contribute so much to our success, to continue defining the 787-10X and 777X."

Orders, deliveries and unfilled orders as of Dec. 31, 2012, by program were as follows:

 

Family

Gross Orders

Net Orders

Deliveries

Unfilled orders

737

1,184

1,124

415

3,074

747

7

1

31

67

767

23

22

26

68

777

75

68

83

365

787

50

-12

46

799

Total

1,339

1,203

601

4,373

 

Source : The Boeing Company (NYSE: BA)

Published on ASDNews: Jan 4, 2013

 

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