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Boeing lands order for $5.8 billion in new planes
Reuters ^ | June 2, 2006

Posted on 06/02/2006 11:30:21 AM PDT by ConservativeStatement

Boeing Co. on Friday said unnamed buyers had ordered $5.8 billion worth of single-aisle planes and wide-body aircraft this week, making it one of the biggest for new orders.

Buyers ordered 20 wide-body 777s, nine single-aisle 737s and three 747s, the company said.

The $5.8 billion figure is based on median order prices, a Boeing spokesman said.

(Excerpt) Read more at news.moneycentral.msn.com ...


TOPICS: Business/Economy
KEYWORDS: 737s; 747s; 777s; aviation; ba; boeing; business; economy; financial
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That should help the stock a bit.
1 posted on 06/02/2006 11:30:26 AM PDT by ConservativeStatement
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To: MassRepublicanFlyersFan

It's all Bush's fault.... He secured the skies after 911... blame him..


2 posted on 06/02/2006 11:31:28 AM PDT by tomnbeverly (Steer Clear Of Large Metropolitian Areas Because The Liberals Will Reap What They Sow.)
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To: MassRepublicanFlyersFan

Probably Airbust.


3 posted on 06/02/2006 11:31:31 AM PDT by MonroeDNA
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To: MassRepublicanFlyersFan

Airbus makes cr*ppy, dangerous Euro-trash planes.


4 posted on 06/02/2006 11:34:52 AM PDT by FormerACLUmember (No program, no ideas, no clue: The democrats!)
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To: MassRepublicanFlyersFan

The unknown buyer only wanted one seat installed and charts in the glovebox to all major metro cities in the U.S.


5 posted on 06/02/2006 11:36:08 AM PDT by Tulsa Ramjet ("If not now, when?")
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To: MassRepublicanFlyersFan

Looks like the 777 and the 787 will be ruling the skies for the next 20+ years,just as the 747 did for many years.


6 posted on 06/02/2006 11:38:31 AM PDT by Gay State Conservative
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To: Tulsa Ramjet

All bad-taste jokes aside, the buyer is probably a European carrier, where the host state has a vested interest in Airbus - and therefore they really don't want to be seen as buying Boeing.

My guess is Lufthansa.


7 posted on 06/02/2006 11:43:12 AM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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Er, "at least one of the buyers," rather.


8 posted on 06/02/2006 11:44:10 AM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: MassRepublicanFlyersFan; Paleo Conservative

Big Boeing bump


9 posted on 06/02/2006 11:48:38 AM PDT by pissant
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To: MassRepublicanFlyersFan
"unnamed buyers had ordered $5.8 billion worth of single-aisle planes and wide-body aircraft this week"

??????


10 posted on 06/02/2006 11:54:33 AM PDT by jdm
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To: Spktyr
All bad-taste jokes aside, the buyer is probably a European carrier, where the host state has a vested interest in Airbus - and therefore they really don't want to be seen as buying Boeing.

I would bet it's Dubai. They don't want the publicity after the ports deal fell though, but they still are sold on Boeing.
11 posted on 06/02/2006 11:55:51 AM PDT by GarySpFc (Jesus on Immigration, John 10:1)
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To: FormerACLUmember
"Airbus makes cr*ppy, dangerous Euro-trash planes"

You nailed it.
Couldn't have put it better meself.
12 posted on 06/02/2006 11:58:01 AM PDT by Jameison
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To: Spktyr

Your probably right. Either that or Air France! Even they know the A380 is a pile of garbage.


13 posted on 06/02/2006 12:08:28 PM PDT by Proud_USA_Republican (We're going to take things away from you on behalf of the common good. - Hillary Clinton)
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To: pissant
Boeing versus Dow Jones Industrials, over the past year


14 posted on 06/02/2006 12:08:50 PM PDT by Zuben Elgenubi
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To: Zuben Elgenubi

Yep. My retirement plan thanks you. ;o)


15 posted on 06/02/2006 12:10:54 PM PDT by pissant
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To: MassRepublicanFlyersFan

Buyers ordered 20 wide-body 777s, nine single-aisle 737s and three 747s, the company said

Sounds like a single buyer with a order like that. My guess, its a middle-eastern or european buyer who for political reasons, doesn't want to be named.

Interesting that they are buying 747's, but I wish it had been an order for the newer 747-8, but its probably for the older model.

The Airbust CEO says that not a single 747-8 will be sold this year. I want that asswipe to eat more crow.


16 posted on 06/02/2006 12:27:53 PM PDT by Proud_USA_Republican (We're going to take things away from you on behalf of the common good. - Hillary Clinton)
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To: Jameison

Airbus planes aren't necessarily any worse than Boeing planes, and indeed have a strong overall safety record, and can often be operated for less cost than similar class Boeing aircraft.

The fact that the Airbus fabs are heavily (illegally) subsidized also allows Airbus to in many cases offer more plane for the buck. Many airlines correctly identify the Airbus as better for their bottom line.

Airbus' sole screw up to date has been their decision to go with the A380 and marry themselves to the hub-and-spoke passenger distribution philosophy, while Boeing cleverly identified the real market trend and jumped on it..

Either way, I'm patriotic enough that if I had to choose which plane crash I'd rather die in, I'd rather go down in an American-made airframe. :)


17 posted on 06/02/2006 12:28:40 PM PDT by Heavyrunner (Socialize this.)
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To: Heavyrunner

Except for the whole "tail-falls-off-the-airliner" problem, sure... And unlike some of the (much older) Boeing product that had that problem, there's no way to fix it.


18 posted on 06/02/2006 12:36:59 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: Spktyr

http://www.airdisaster.com/statistics/

This site gives a fairly decent overview, but the 777 is missing from the table, which makes me wonder if it has ever had a fatal event.

All Airbus models are statistically safer than the 747, but tend to lag a bit behind Boeing's offerings on smaller airframes.

Interestingly, the Saab 340 is the safest aircraft reported here, though again I suspect it is only because the 777 hasn't had a fatal event yet.

The tail falling off was a one-time incident as far as I know...Boeing planes have had casualties due to structural failure in the past as well.


19 posted on 06/02/2006 1:14:05 PM PDT by Heavyrunner (Socialize this.)
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To: Spktyr
[All bad-taste jokes aside, the buyer is probably a European carrier, where the host state has a vested interest in Airbus - and therefore they really don't want to be seen as buying Boeing.]

My guess is one of the early buyers of the A380. It seems as if it's never going to make weight, and therefore won't be as efficient as promised.
20 posted on 06/02/2006 1:18:25 PM PDT by JeffersonRepublic.com (There is no truth in the news, and no news in the truth.)
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