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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
06/30/201510:00:00Boeing, Embraer to Collaborate on ecoDemonstrator Technology...
06/30/201508:06:13Airbus Beats Boeing in Contract for South Korean Refuel Tankers--Update
06/30/201506:30:03Airbus Beats Boeing in Contract for South Korean Refuel Tankers
06/30/201506:05:15Airbus Beats Boeing in Contract for South Korean Refuel Tankers
06/28/201521:40:37U.S. Panel Aims to Shield Planes From Cyberattack
06/26/201520:32:37Boeing's Incoming CEO, Dennis Muilenburg, Is Engineer With Swagger
06/24/201518:04:08Boeing to Again Reduce Output of 747s -- Update
06/24/201515:21:15Boeing Names Muilenburg CEO, Succeeding McNerney -- 2nd Update
06/24/201514:30:04Boeing to Slow Output of 747s
06/24/201514:07:09Boeing to Again Reduce Output of 747s
06/24/201509:00:03U.S. Stock Futures Fall
06/23/201522:24:32Boeing Names Muilenburg CEO, Succeeding McNerney -- 2nd Update
06/23/201522:11:13Boeing Names Muilenburg CEO, Succeeding McNerney -- 2nd Update
06/23/201520:55:16Boeing Names Muilenburg CEO, Succeeding McNerney -- 2nd Update
06/23/201519:00:00Boeing, Thai Airways International Celebrate 25th Direct 777...
06/23/201518:40:19Boeing Names Muilenburg CEO, Succeeding McNerney -- 2nd Update
06/23/201517:36:31Boeing Names Muilenburg CEO, Succeeding McNerney -- 2nd Update
06/23/201517:31:07Boeing Names Muilenburg CEO, Succeeding McNerney -- 2nd Update
06/23/201517:29:21Boeing Names Muilenburg CEO, Succeeding McNerney -- 2nd Update
06/23/201517:28:01Boeing Names Muilenburg CEO, Succeeding McNerney -- 2nd Update

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