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Tue, Nov 22, 2011

That Was The Week That Was For Boeing

Company Breaks Several Records For Orders Last Week

Boeing is basking in the glow of what it says was a history-making week that resulted in orders and commitments for 359 airplanes.

"This has been an outstanding week for our customers and our employees," Jim Albaugh (pictured), president and CEO, Boeing Commercial Airplanes, said Friday. "We're pleased that in planning for their future, our customers have chosen Boeing airplanes."

Boeing has now set a record for 777 orders in a single year with 192 to date. That surpasses the previous record of 154 set in 2005. The company also announced two record-setting deals with Emirates and Lion Air, as well as other deals during and after the Dubai Airshow:

  • Emirates Airline ordered 50 777-300ERs, with options for 20 more.
  • Oman Air ordered six 787-8s.
  • Qatar Airways ordered two 777 Freighters.
  • Lion Air committed to buy 201 737 MAXs and 29 Next Generation 737-900ERs. The agreement also includes purchase rights for an additional 150 airplanes.
  • Aviation Capital Group (ACG) committed to buy 35 737 MAX airplanes and finalized a firm order for 20 Next-Generation 737-800s.
  • Singapore Airlines finalized order for eight 777-300ERs.
  • Unidentified customer ordered eight 777s.

"We continue to see worldwide expansion in air traffic, and as a result, strong customer demand for our products and services," added Albaugh. "Our product strategy is playing out as we expected with our wide-body offerings being the airplanes of choice and the 737 MAX enjoying tremendous customer acceptance."

Boeing says demand for its airplanes is also fueling and sustaining American jobs. Since the start of this year, Boeing has added more than 11,000 jobs in its commercial airplanes division. As production rates increase across all airplane programs, the company will continue to hire a highly skilled workforce that is critical for the future of aviation.

FMI: www.boeing.com

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