To: ErnstStavroBlofeld
No cancellation is good news, but a single customer cancellation is not a signal that the latest production boom is over. 2010 was a remarkable year for airplane orders for Boeing with 530 net orders last year more than double the original projection. The Next-Generation 737 set a company record for the second consecutive year, delivering an average of 13 737s per week.
I've been at the 737 plant in Renton for 25 years and I have never seen it so busy. This cancellation was not even a topic of discussion today among employees.
8 posted on
02/04/2011 10:30:40 PM PST by
NavyCanDo
To: NavyCanDo
2010 was a remarkable year for airplane orders for Boeing with 530 net orders last year Please. Boeing is barely hanging on. They still can't get their albatross Dreamliner to a customer.
To: NavyCanDo
What happens when an order gets cancelled for something like this? Does Boeing only begin production after receiving some portion of payment, so that the customer assumes some financial responsibility for the product before it goes into the production pipeline, or could Boeing potentially end up with a bunch of aircraft in production that they end up receiving no compensation for?
11 posted on
02/05/2011 4:00:21 AM PST by
RightFighter
(Now back to my war station.)
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