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Boeing Executive: Expect To Book Orders For Around 1,000 737 Max Planes By End 2012

By Jeffrey Ng BEIJING--Aircraft manufacturer Boeing Co. (BA) expects to book orders for around 1,000 of its new Boeing 737 Max aircraft by the end of this year, a senior executive said Monday. Jim Albaugh, chief executive of Boeing Commercial Airplanes, said the company has already received firm orders for around 450 of the next generation model of its single-aisle workhorse, the Boeing 737, first launched in the 1960s. Nonetheless, he said he sees pricing pressures for the narrow-body aircraft amid strong competition from archrival Airbus, which is also introducing an updated version of its best-selling A320 single-aisle jets. Mr. Albaugh was speaking on the sidelines of the annual meeting of the International Air Transport Association, the industry's global trade group, in Beijing. Write to Jeffrey Ng at jeffrey.ng@dowjones.com

Stock News for Boeing (BA)
DateTimeHeadline
07/01/201610:20:00Boeing Advancing Toward Developing New Midsize Jetliner
07/01/201600:30:00Boeing Advancing Toward Developing New Midsize Jetliner
06/30/201612:45:00Boeing Opens Collaborative Autonomous Systems Laboratory in Missouri
06/29/201618:20:00Bombardier Delivers First CSeries Jet as It Takes on Boeing...
06/29/201611:00:00Boeing to Release Second-Quarter Results on July 27
06/29/201603:04:00Business Watch -- WSJ
06/28/201614:18:14Annual Report of Employee Stock Plans (11-k)
06/28/201603:50:00Rolls-Royce Results to Reflect Currency Swings
06/28/201603:42:00Rolls-Royce Results to Reflect Currency Swings
06/27/201616:15:00Boeing Board Approves Quarterly Dividend
06/24/201603:02:00U.S. Pushes Companies On Deals With Iran -- WSJ
06/23/201621:10:00U.S. Pushes Firms Into Iran
06/23/201617:24:00Proposed Boeing-Iran Air Deal Involves 80 Jets -- Update
06/23/201614:36:00Southwest Airlines Revamps Aircraft Order Book
06/23/201614:00:00Proposed Boeing-Iran Air Deal Involves 80 Jets
06/23/201613:35:00Proposed Boeing-Iran Air Deal Involves 80 Jets
06/23/201603:03:00FAA Gets Behind Push For Wireless Safety Systems -- WSJ
06/22/201610:08:00MARKET SNAPSHOT: U.S. Stocks Creep Higher Ahead Of Brexit Vote...
06/22/201609:50:00BAE Systems Spies Growth in Space Defense
06/22/201607:10:00FAA Joins Push To Use Wireless Signals For Aircraft-Safety Systems

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