Boeing Adds 106 New Firm Orders During Farnborough Air Show
July 17 2014 - 9:08AM
Dow Jones News
By Jon Ostrower
FARNBOROUGH, England--Boeing Co. (BA) added 106 new firm orders
to its running tally of jetliner sales this week, part of 201
orders and commitments announced at the Farnborough air show valued
at up to $40.2 billion at list prices.
The company entered the show with 649 net orders for the year
and is leaving it with net orders of 783 jets, pushing its tally
past a book-to-bill ratio above a value of one, meaning it will
take orders for more jets than it expects to deliver in 2014.
Boeing forecasts record output of 715 to 725 aircraft this
year.
Of its announcements for $40.2 billion of new business, the
company added $29 billion in new firm orders by value from its
deals signed at the show this week. Customers regularly negotiate
discounts.
Write to Jon Ostrower at jon.ostrower@wsj.com
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