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 inventor makes changing beds magical

He hopes to make his big push in the hotel industry, where injuries to housekeepers are increasing.

Boeing planes designed for Alaska to make final flights

The special Boeing 737-400s carry cargo in the middle of the plane and 72 passengers in the rear.

Boeing creates a Renton office to oversee its new airplane

Experts expect the company to make a formal 797 launch decision no later than next year.

Equifax dumps its CEO after the damaging data breach

Many applauded Equifax’s handling of the problem, but management was under fire for lax security.

Job fair planned for Tulalip community members

Tulalip Tribes Employment is holding an employment clinic from 9 to 11:30… Continue reading

New memory care community opens in Mukilteo

Health care insurance is the next topic on KSER’s monthly personal finance… Continue reading

Marysville Tulalip chamber plans to host candidates forum

The next Greater Marysville Tulalip Chamber of Commerce Business Before Hours event… Continue reading

New memory care community opens in Mukilteo

Mukilteo Memory Care celebrated its grand opening earlier this month. The state-of-the-art… Continue reading

Monroe’s Canyon Creek Cabinet names new exec VP

Mark Kovich has joined Monroe-headquartered Canyon Creek Cabinet Company as the executive… Continue reading

Most Read