Boeing Announces Orders of Up To 56 Airplanes, Albaugh Comments

Boeing (NYSE: BA) announced today it has received orders for up to 56 airplanes that will increase backlogs and generate billions in revenue.

The announcement comes as the company displays an unprecedented five commercial planes at the 49th Paris Air Show.

Air Lease Corporation will exercise purchase options on six 737-800 airplanes from a 2010 order and purchase up to 27 additional airplanes. The new order includes

Boeing secured orders and commitments from two undisclosed firms for 17 747-8 Intercontinentals, which would sell for $5.4 billion at list prices.

Boeing now has 126 747-8 family units on back order, including 50 745-8 Intercontinentals.

Qatar Airways has ordered six extended range Boeing 777-300s at a total list price of $1.7 billion. Qatar Airways currently operates 25 Boeing airplanes, 15 of which are extended range 777-300s.

“We are positioned for future growth as we near delivery of our two revolutionary, 21st-century airplanes, ” said Boeing Commercial Airplanes President and CEO Jim Albaugh. “We are building tomorrow’s airplanes today and driving value and fuel-efficiency that help our customers compete in the global marketplace.”

Check Also

Cybersecurity

Rule Change to Add CMMC Requirements to Contracts Completes Interagency Review

The Department of Defense’s Cybersecurity Maturity Model Certification has undergone an interagency review as part of a rulemaking process needed to make CMMC a part of the Defense Federal Acquisition Regulations, FedScoop reported Tuesday.

US Navy battleships

Life Cycle Engineering, McKean Defense Win Shared $78M Navy IDIQ for Navigational Tech Support

Life Cycle Engineering and McKean Defense Group have been selected to help the U.S. Navy engineer shipboard navigational equipment under an indefinite-delivery/indefinite-quantity contract worth potentially $78.3M over five years.