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Boeing Sees Around 1,000 737 Max Orders Year-End

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 [email protected]

Stock News for Boeing (BA)
DateTimeHeadline
03/21/201707:02:00BOC Aviation Unit to Buy 13 Boeing Aircraft
03/21/201705:05:00Boeing, Ryanair Celebrate Delivery of Airline's 450th Next-Generation...
03/17/201717:30:00Boeing Boosts Payouts to CEO and GE Recruit -- 2nd Update
03/17/201717:07:00Boeing Boosts Payouts to CEO and GE Recruit -- Update
03/17/201717:03:00Boeing Boosts Payouts to CEO and GE Recruit
03/17/201715:29:27Additional Proxy Soliciting Materials (definitive) (defa14a)
03/17/201715:20:17Additional Proxy Soliciting Materials (definitive) (defa14a)
03/17/201715:12:19Proxy Statement (definitive) (def 14a)
03/16/201713:31:00Trump Nominates Boeing Executive to be Pentagon Deputy -- Update
03/16/201713:19:00Trump Nominates Boeing Executive to be Pentagon Deputy
03/15/201700:17:00SpaceX Scores Another Win in Push for Military Satellite Launches
03/13/201711:00:00Boeing, CDB Aviation Lease Finance Announce Order for 30 737...
03/10/201710:11:00Airbus Says Iran Air Received First New Widebody Plane Since...
03/09/201708:00:00Boeing 737 MAX 8 Earns FAA Certification
03/08/201712:59:00Boeing Confident On Rate Increase
03/08/201708:15:00Qatar Air CEO Says Airbus Still Behind on A350, A320neo Deliveries
03/07/201722:11:00Boeing Eyes Twin-Aisle Design For New Jet
03/07/201712:10:00Boeing Celebrates Rollout of First 737 MAX 9
03/02/201716:28:00More Than 1,800 Boeing Employees Accept Voluntary Buyouts...
03/02/201712:47:00Correction to NASA's Russian Space Contracts Story

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