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Boeing orders fall by half in 2015 but deliveries hit record

PICKING UP SPEED: Boeing has ramped up production by 60 per cent over the past five years. On Thursday, the company said that it would step up the current pace of 63 aircraft per month to more than 70 in 2017.

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