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Boeing Hits 2010 Airplane Delivery Target; Achieves Strong Order Bookings
- Company delivers 462 airplanes
- 530 net orders booked as global economy shows recovery

SEATTLE, Jan. 6, 2011 /PRNewswire/ -- Boeing (NYSE: BA) recorded 462 commercial airplane deliveries in 2010, meeting company guidance of approximately 460 deliveries during the year. Boeing posted 530 net commercial orders for the year as air carriers transition from economic recovery to expansion. Boeing Commercial Airplanes maintains a strong order base of 3,443 unfilled orders.

"With 376 deliveries in 2010, the Next-Generation 737 set a company delivery record for the second consecutive year," said Jim Albaugh, president and CEO of Boeing Commercial Airplanes. "The 737 is the industry's most in-demand airplane with 486 net orders as carriers continue to rely on its superior economics, versatility and continuous performance enhancements."

The 777 led Boeing's twin-aisle programs with 74 deliveries and 46 net orders in 2010 as the airplane continues to rank at the top of operator, investor and frequent traveler polls for its efficiency and passenger comfort.  

Program orders, deliveries and backlog at the end of 2010 were as follows:


Gross Orders

Net Orders

Deliveries

Backlog Units

737

508

486

376

2,186

777

76

46

74

253

747

1

(-1)

0

107

767

3

3

12

50

787

37

(-4)

N/A

847



During 2010, Boeing announced a series of production rate increases throughout its product line to meet increasing airplane demand from carriers worldwide. The Next-Generation 737 production rate will grow to 35 per month in early 2012 and 38 per month the second quarter of 2013. The 777 production rate will rise from five to seven per month in mid-2011 and grow to 8.3 per month in the first quarter of 2013. The 747-8 Freighter is slated for first delivery mid-year and first delivery of the 747-8 Intercontinental is planned for late 2011. The 787 Dreamliner continues in flight test. Boeing expects to provide 2011 commercial airplane delivery guidance when the company releases year-end earnings Jan. 26.

Boeing Commercial Airplanes highlights in 2010 included:

  • Flight testing of six 787 Dreamliner airplanes passes 2,400 hours.
  • Pilots from ANA, the first 787 customer, fly the Dreamliner.
  • 747-8 Freighter surpasses 1,500 flight hours.
  • 900th 777 delivery.
  • 747-8 Intercontinental reaches final assembly and achieves power on.
  • 1,000th 767 prepares to enter Final Assembly.
  • First deliveries of Next-Generation 737s with the new Boeing Sky Interior.
  • Launching 787 GoldCare with TUI Travel – first of new comprehensive service   offerings for customers.
  • On-time performance for urgent customer support requests of 99 percent through the Operations Center.
  • Boeing and China partner on sustainable aviation biofuel.
  • Last P-8A test airplane enters final assembly.

A detailed report of Boeing Commercial Airplanes orders and deliveries is available on the Orders and Deliveries website.

Forward-Looking Statements

Certain statements in this report may be "forward-looking" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "expects," "intends," "plans," "projects," "believes," "estimates," "targets," "anticipates," and similar expressions are used to identify these forward-looking statements. Forward-looking statements are based upon assumptions about future events that may not prove to be accurate. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual outcomes and results may differ materially from what is expressed or forecasted in these forward-looking statements. As a result, these statements speak to events only as of the date they are made and we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by federal securities laws. Specific factors that could cause actual results to differ materially from forward-looking statements include, but are not limited to, statements we make regarding our guidance relating to future financial and operating performance, the effect of economic conditions in the United States and globally, and general industry conditions as they may impact us or our customers, as well as the other important factors disclosed previously and from time to time in our other filings with the Securities and Exchange Commission.

Contact:

Boeing Commercial Airplanes

Media Relations

+1 206-766-2910

SOURCE Boeing

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