Boeing logs cancellation for five 747s, adds 777 order

Boeing dropped orders for five 747 jumbo jets from the backlog this week but added a request for a 777.

The jet maker announced last month that it will slow production on the 747 from two to 1.75 jets monthly next year due to declining demand.

Dubai Aerospace Enterprise Ltd. and Boeing agreed to cancel the order, valued at $1.76 billion, a Boeing spokesman told Bloomberg News. The Dubai-based firm placed large orders with both Boeing and Airbus in 2007 but slowly has canceled off those requests.

With the 747 cancellation, Boeing has received 105 orders for the updated 747-8. The company had delivered 46 747-8s through the end of April.

The Intercontinental, or passenger version of the 747-8, now has just 26 unfilled orders. The freighter model has 33.

Boeing attributed the 777 order added Thursday to an unidentified VIP or business jet customer.

Boeing had 255 net orders through the end of April. The Chicago-based company delivered 44 aircraft in April, bringing its delivery total this year to 181.

More in Herald Business Journal

Snohomish County’s campaign to land the 797 takes off

Executive Dave Somers announced the formation of a task force to urge Boeing to build the plane here.

A decade after the recession, pain and fear linger

No matter how good things are now, it’s impossible to forget how the collapse affected people.

Under cloud of ethics probes, Airbus CEO Enders to step down

He leaves in 2019 after 14 years. Meanwhile, aircraft division CEO Fabrice Bregier leaves in February.

For modern women, 98-year-old rejection letters still sting

In a stark new video, female Boeing engineers break the silence about past inopportunity.

Drone’s ease piercing of NY ‘no-fly’ zone underscores risks

An Army Black Hawk helicopter suffered damage to one of its rotor blades, but was able to land safely.

Tax reform needs the public’s input on spending priorities

The GOP tax plan is a good idea, but the next step should give us a voice on how taxes are spent.

Commentary: GM, Boeing fight a war of words over Mars

Boeing is strongly signaling how crucial deep-space exploration is to its future.

Disney buying large part of 21st Century Fox in $52.4B deal

Before the buyout, 21st Century Fox will spin off the Fox network, stations and cable channels.

Angel of the Winds pays $3.4M for Everett arena naming rights

The casino replaces Xfinity as the lead sponsor for the publicly owned downtown Everett events center.

Most Read