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WEEK IN REVIEW
Tuesday


Drug court left in limbo
Teen sentenced for Lynnwood break-in attacks
Lynnwood man arrested in sailor's kidnap, robbery
Monday


Welcome home, sailors
Initiative 985: Would it help or hurt traffic?
Activist finds adventure on the Macy's catwalk
Sunday


The cost of dying
Heating bills: Will yours get bigger?
Lincoln Strike Group returns to Everett
Saturday


Businesses eagerly await sailors' return
Preservation effort divides Everett's oldest ne...
Happy memories comfort family of injured Everet...
Friday


Life on the strike line
Arlington boatbuilder shutting down; hundreds t...
Boeing, Machinists likely to resume talks this ...
Thursday


Few answers in fatal Snohomish fire
Boeing, Machinists union agree to talks
Horizon's request is no worry to Allegiant
Wednesday


10 victims of plane crash honored a year after ...
Your questions, their answers: What the candida...
State budget: Governor wants $240 million in sa...
 

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CONTACT THE HERALD
Mike Benbow, Business Editor
benbow@heraldnet.com
 
Published: Friday, April 4, 2008

Boeing slightly off pace to meet delivery goals

EVERETT -- The Boeing Co.'s first quarter jet deliveries and orders are up compared with last year, but the company is slightly off pace to meet its 2008 delivery goal.

Boeing said Thursday that it delivered 115 commercial aircraft in the first quarter, up 8 percent from a year ago. However, at that pace, the company won't meet its target to deliver 475 to 480 jets this year. Boeing has received 288 net orders through April 1, up from 189 net orders in the first quarter of 2007.

During the first three months of this year, Boeing handed over 87 single-aisle 737 jets to customers, including delivering 32 of the Renton-built planes last month. The company also turned out 21 of its Everett- assembled 777s in the first quarter along with four 747s and three 767s.

Boeing bested its first quarter delivery total from the previous year by nine airplanes. The Chicago-based company will not deliver any of its fast-selling 787 Dreamliner jets this year. Boeing scaled back in January its 2008 delivery goals as a result of setbacks on the Dreamliner program.

The company also updated on Thursday its orders total through April 1, listing nearly 100 jet orders more in the first quarter of 2008 than the same quarter last year. In 2007, Boeing set a new net order record of 1,413. Boeing officials along with most industry observers expect both Boeing and its rival Airbus to take in fewer orders this year than last.

Airbus, which updates its orders and deliveries monthly, lists 341 net orders through the end of February. The Toulouse, France-based company won 1,341 orders in 2007. It finalized early this year several tentative agreements that had been announced last year.

In terms of deliveries, Airbus delivered 75 aircraft through the end of February, including 63 of its single-aisle A320 family jets.

Boeing's stock closed Thursday at $76.14, down 71 cents for the day.

Reporter Michelle Dunlop: 425-339-3454 or mdunlop@heraldnet.com.

1. Obama's birth stirs legal action in Washington
2. Boeing, union call off talks, no further negotiations set
3. Boeing-Machinists talks – a SPEEA scare tactic?
4. Lynnwood man arrested in sailor's kidnap, robbery
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