Boeing Books 73 Commercial Aircraft Orders

Boeing Corporation’s made 73 commercial aircraft orders in July worth almost $8.86 billion following the successful deal with Mauritania Airlines.

In July, the company delivered a total of 54 commercial aircraft to six lessors and 33 airlines, which includes three aircraft deliveries for Southwest Airlines and another three for Hainan Airlines. From that, Boeing had a year-to-date commercial aircraft delivery of 420.

The American aircraft juggernaut settled successive transaction with four of the largest airlines globally. Before July ended, Malaysia Airlines finalized the order of 25 737 MAX 8 and a 737 MAX 9 worth $2.75 billion. It was followed by the six 787-9 Dreamliners order of Ruili Airlines worth $1.59 billion.

earns-boeing--8993d17c2f3fb52c

Further, TUI Group, a multinational travel and tourism company headquartered in Germany disclosed the 10 737 MAX 8 orders worth $1.1 billion during the Farnborough Airshow last July 12. Another $2.2 billion worth of order from unnamed companies was made as well.

Among the loyal customers of Boeing include Shandong Airlines, American Airlines, Turkish Airlines, Xiamen Airlines, Emirates Airline, China Southern Airlines. Also, Irish-American lessor GECAS and SWISS, Nippon Airways, Air New Zealand, MG Aviation, Ethiopian Airlines, Qatar Airways and Royal Air Maroc are part of the list.

Boeing and Mauritania Airlines

Aside from the mentioned airlines above, Boeing has closed the deal with Mauritania Airlines. The flag carrier of Mauritania ordered for a Next-Generation 737-800 airplane worth $96 million.

Delta_Air_Lines_Boeing_737-800_cabin

Chief executive officer of Mauritania Airlines Mohamed Radhy Bennahi said  “The Boeing 737 is the backbone of Mauritania Airlines fleet because of its efficiency and superior operating economics. The addition of this new 737-800 will greatly expand our network and enhance the overall travel experience of our passengers.”

On the other hand, Van Rex Gallard, vice president of Sales for Africa, Latin America and the Caribbean, Boeing Commercial Airplanes, noted the significant contribution of Mauritania Airlines in West African aviation for the past few years.

Mr. Gallard said that the order for one additional 737-800 underlines Mauritania Airlines’ position as a leading carrier committed to providing its passengers with a growing choice of destinations and exceptional in-flight comfort.

Boeing Stock Performance

Previously, shares of Boeing went up 0.38 percent to $132.19 with a market capitalization of 82.79 billion. The American multinational aircraft corporation has a price earnings ratio of 24.28 and a dividend yield of 3.30 percent.

download

The stock has a 52-week high of  $150.59 and a 52-week low of $102.1. Boeing has a price to book value of 143.18, a return of assets value of 4 percent and a return of equity ratio of 83.9 percent. It has an outstanding shares  of 625.68 million and a total shares float of 623.16 million.

Further, Boeing has a 50-day simple moving average of $130.67 and a 200-day simple moving average of $131.28. The stock is one of the components of Dow Jones and headed by CEO Dennis A. Mulieburg. It has been prominent through its commercial jetliners, military aircraft, missile defense and satellites.

Can’t find the right instrument to trade? Try binary options at Options12.comOptions12 offers a comprehensive selection of 180 tradeable assets, including currencies, commodities, stocks and indices. Start options trading with a minimum investment of 250 and Earn up to 80% profits with just one click at Options12.

Do you need daily market updates? Visit Trade12.comTrade12 offers daily market analysis with charts to help the clients understand the market better! You can also check important events through its economic calendar. Trade12 makes sure that it is always fast, simple and easy.

Having trouble with your finances? Are you in need of professional financial advice? Exo Capital Markets is headed by an exceptional team of financial leaders and innovators who account for years of experience and expertise in the financial industry. Exo Capital Markets offers a wide array of reliable, secure, and competitive financial services to over 100 countries.

 

Advertisements

Author: exocapitalfinancepro

As the dissemination of online financial news gets easier through the evolution of different media platforms, Exo Capital Finance Pro brings the most comprehensive up-to-date financial information right in front of your eyes. In line with the mission of Exo Capital Market, this news blog aims to provide the financial ideas needed by the clients through the market news and analysis delivered regularly. Exo Capital Mission Grounded on financial stability and service efficiency, Exo Capital Markets Ltd. hopes to stimulate and drive innovation in the world by catering the needs of its clients. Committed to guiding its clients to achieve their maximum potentials, the company seeks to lead and bring growth into the market through the high quality services it provides. Exo Capital Vision Exo Capital Markets Ltd. strives to become the leading financial services firm by offering its clients with the most modern solutions in the industry. The company wants to create an avenue of knowledgeable and competent traders by assuring accountability and honesty in delivering the services we provide for the community.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s