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News analysis: Boeing's 777 orderbook

06 July 2010

Boeing has lost seven 777 orders this week, but it picked up 30 orders in April from an unidentified customer.

Read more: Dubai Aerospace Enterprise (DAE) Boeing 777 Abdulrahman al Saleh Emirates

Boeing reported a reduction of seven 777 orders last week. Could the cancellations be from Dubai Aerospace Enterprise (DAE) 16 777-family aircraft order with Boeing?

A source involved in the transaction has suggested that these aircraft were part of DAE's orderbook and part of the restructuring.

Also this week, Abdulrahman al Saleh, director general, Dubai Department of Finance has confirmed this week that DAE, a state-owned company, is in negotiations with Airbus and Boeing about restructuring its orders.

Though he did not specify how the...


Quote

"I'm doing some overbooking. We know that there will always be some cancellations."

John Leahy, chief operating officer, customers, Airbus

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