Boeing adds 777, 747 orders but lags Airbus in Q1 sales

The Boeing Co. added orders in late March for Everett-built 747s and 777s but remained well behind Airbus in jet sales for the first quarter.

On Thursday, Airbus reported 410 net orders in the first quarter after getting a boost last month from Lion Air of Indonesia, which ordered 234 single-aisle aircraft. Boeing, which also updated its orders tally Thursday, had 209 net orders through March 31.

Boeing added 27 new orders since updating the company orders Web page last week. Those include three 747s for Cathay Pacific, eight 777s for an identified customer and four 737s for All Nippon Airways. Boeing also announced order Thursday for 12 737s for Russia’s Sberbank Leasing, which will provide the jets to Transaero.

Boeing’s 777 order, though, was zeroed out by a cancellation for eight 777s, also reported Thursday. The company logged one cancellation for a 737. The Chicago-based jet maker is expected to finalize soon an order for 787s from IAG, the parent of British Airways. Boeing’s book of firm orders also doesn’t include one from Ryanair for 175 737s — a deal that was announced last month.

The bulk of Airbus’ tally for 2013 is for the A320 family of jets, with 394 orders. Airbus also logged 37 orders for wide-body jets over the quarter. The European jet maker logged 431 orders over the first three months of 2013 but took in 21 cancellations as well.

Also on Thursday, Airbus said it delivered 144 jets in the first quarter, including 114 single-aisle aircraft. The Toulouse, France-based company for the year is ahead of Boeing, which reported 137 jet deliveries in the first quarter. That’s the same number of jets Boeing handed over in the first three months of 2012.

Boeing deliveries for the quarter this year were hurt by the Jan. 16 grounding of the 787 by the Federal Aviation Administration. The company is expected to conduct a flight test of the 787’s redesigned battery system for the FAA “in the coming days,” a spokesman for the company said on Wednesday.

Boeing’s deliveries for the first quarter include one 787, four 767s, six 747s, 24 777s and 102 737s. The company’s shares were up 59 cents, to $84.95 in trading Thursday.

Michelle Dunlop: 425-339-3454;

More in Herald Business Journal

Stocks tumble on trade fears; SP has worst week in 2 years

A trade war could damage the global economy and slash profits at big U.S. exporters like Boeing.

Somers sees Paine Field as focal point of a thriving county

In an annual speech, he also acknowledged challenges such as opioid addiction, crime and homelessness.

Housing boom in Puget Sound region missing crucial element: Condos

Developers are only building high-end condos where there’s enough margins to cover potential litigation.

Costco is considering building store in Lake Stevens

The Issaquah-based chain is doing due diligence on the property, which is mostly owned by the city.

Will thousands of new apartments in Snohomish County mean lower rents?

Experts debate the meaning of a recent price drop, one of the biggest decreases in more than a decade.

Toys R Us liquidation sale: Here’s what you need to know

Customers with items on layaway will have 21 days to pay the remaining amount or ask for a refund.

This book shows us the value of a questioning mind

“Ten Great Ideas About Chance” contains not only ideas but questions that prompted their discovery.

United gives $10,000 travel voucher to ‘bumped’ passenger

But the airline drew the line at letting her into one of its airport lounges.

Can Zuckerberg’s media blitz take the pressure off Facebook?

The generally reclusive CEO sat for an interview on CNN and gave another to the publication Wired.

Most Read