Sunday, November 2, 2014

A couple of clouds in the otherwise sunny report: The high cost of building the Dreamliner swapz


The takeaway: Demand for aircraft lifted Boeing. swapz The company delivered 186 jets in the quarter, 9% more than a year earlier. Boeing booked orders for 501 planes, an increase of 151% from a year ago. The company’s swapz backlog grew 14.6%, swapz to 5,500 airplanes.
What’s interesting: Healthy traffic  and high fuel prices swapz have combined to drive demand for gas-sipping (rather than guzzling) jets. Orders during the quarter for Boeing’s 787 Dreamliner, which is made of composite materials  to save fuel, climbed 35% from a year ago, to 31 planes. In September, Ryanair, the low-cost Irish carrier, agreed to buy  100 Boeing 737 MAX 200 jets with an option to purchase 100 more.
In September, Boeing also became  one of two companies selected by NASA  to swapz build the next generation of shuttles to ferry US astronauts to and from the International Space Station. swapz The other, Elon Musk’s Space Exploration Technologies, can build a vehicle for about 40% less  than Boeing.
A couple of clouds in the otherwise sunny report: The high cost of building the Dreamliner swapz  narrowed margins at Boeing’s commercial swapz airplane unit by fourth-tenths of a percent. And revenues at Boeing’s defense division fell 2% from a year earlier, to $7.9 billion.
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November 1, 2014
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