Boeing 3rd-Quarter Commercial Deliveries Rise 7%
October 05 2015 - 12:29PM
Dow Jones News
By Tess Stynes
Boeing Co. (BA) said its deliveries of commercial airplanes rose
7% for the third quarter amid continued growth for its 787
Dreamliner and its best-selling 737 single-aisle jetliner.
The aerospace and defense company delivered 199 commercial
aircraft in the latest quarter, compared with 186 a year
earlier.
Boeing has continued to enjoy strong demand for its
fuel-efficient jetliners despite falling oil prices. The company
and rival Airbus Group SE have been vying to build market share by
building planes faster and more efficiently than the other.
Shipments of the company's 787 Dreamliners rose to 37 from 31 a
year earlier, while shipments of its 737 jets grew to 126 from
120.
The company also shipped five of its 767 widebody jets, up from
two a year earlier. Boeing last month announced that it plans to
raise monthly production of the 767 to 2.5 in late 2017 to
accommodate a previously announced 50-plane order from FedEx
Corp.
The defense, space and security segment's deliveries were flat
at 48.
During July Boeing's new chief executive, Dennis Muilenburg,
pledged to continue his predecessor's focus on ramping up aircraft
production and increasing shareholder returns.
The company plans to release its third-quarter results Oct.
21.
Write to Tess Stynes at tess.stynes@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
October 05, 2015 12:14 ET (16:14 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
Boeing (NYSE:BA)
Historical Stock Chart
From Feb 2024 to Mar 2024
Boeing (NYSE:BA)
Historical Stock Chart
From Mar 2023 to Mar 2024