Friday, January 04, 2008

Boeing finalizes DAE, Vietnam orders, sells record 1,300+ aircraft in 2007

Friday January 4, 2008

Boeing finalized Dubai Aerospace Enterprise's 100-aircraft order valued at $10.9 billion and also officially completed a $2 billion order for 12 787-8s from Vietnam Airlines and Vietnam Aircraft Leasing Co., pushing its total 2007 commercial aircraft orders to well over 1,300, a single-year record.

Boeing and DAE signed a letter of intent for the order, which includes 70 737NGs, at the Dubai Air Show (ATWOnline, Nov. 13, 2007). The Vietnam/VALC order, which was announced previously (ATWOnline, Oct. 3, 2007), pushes total 787 orders to 802.

Boeing said it delivered 112 aircraft in the 2007 fourth quarter led by 80 737NGs and 25 777s, bringing its total deliveries for the year to 441 led by 330 737NGs and 83 777s. As for orders, the manufacturer said on Dec. 18 that it had booked 1,213 for the year, but that did not include the DAE or Vietnam/VALC commitments. Boeing this week also announced/finalized orders with Gol and British Airways (ATWOnline, Jan. 2). The record year tops 2006.

Airbus similarly is expected to report a record number of annual orders for 2007, possibly topping Boeing's total. Combined, the two companies are likely to tally at least 2,700 orders for the year.

by Aaron Karp