Boeing orders fall by half in 2015 but deliveries hit record
New York
BOEING'S aircraft orders fell by nearly half in 2015 even as deliveries rose to an annual record, the aerospace giant said on Thursday.
Boeing said that net orders for new commercial aircraft fell to 768 last year from 1,432 in 2014, putting it behind rival Airbus, which is expected to report well over 1,000 orders for last year.
But, encouraged by continued healthy passenger growth in the airline industry and sharply lower fuel prices, Boeing was able to st…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Ford profit beats on commercial sales; EVs still dragging
GM CEO Barra compensation fell 4% in 2023 to US$27.8 million
Boeing reports first revenue drop in 7 quarters as deliveries decline
Volkswagen to keep China market share stable as price war rages
COE quota for May-July up 2.7%; passenger car categories rise despite less cut-and-fill
Tesla profits tumble but shares rise on new vehicle plan