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Boeing customers cancel orders for 12 jets

Post by John Gillie / The News Tribune on Dec. 16, 2010 at 2:35 pm |
December 16, 2010 2:36 pm

Boeing lost ground in the order game last week as airlines canceled orders for a dozen Boeing airliners including three 777s and one 787.

The company doesn’t identify what customers canceled those orders. Also included in that loss were eight smaller 737 aircraft.

At the same time, the company recorded new orders for four more 737s.

The canceled 777 and 787 orders would have been worth at least $882 million at list prices, although discounts are common. The smaller, cheaper 737s sell for $57 million to $86 million each at list.

Airlines have been canceling 787 orders as the Dreamliner delays continue to build. Boeing’s test fleet of six 787s has been grounded since Nov. 9 when the second test aircraft suffered an in-flight fire while landing at Laredo, Texas.

Boeing attributed that to a loose washer in the electrical service panel. Boeing is now redesigning the panel and the software that handles the emergency electrical functions. Boeing says it will decide within a few weeks when it will resume flight testing. The first delivery for the 787 is now nearly three years behind schedule.

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