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FINANCIAL NEWS
Saudia’s Boeing order replaces Alafco’s
13 Nov 2010
(MENAFN) Boeing Co said it lost eight orders for 787 Dreamliners in the week that ended November 9 but gained eight after the transfer of orders from one customer to another.
Boeing had said Kuwait-based leasing company Alafco had shifted orders for the eight Dreamliners to Saudi Arabian Airlines.
Boeing, which competes for commercial plane orders with Airbus, has about 850 Dreamliner orders from more than 50 customers on its books.
Boeing’s light-weight, carbon-composite Dreamliner is more than three years behind its original schedule due to problems with the supply chain and labour.
The company halted test flights for the plane after an electrical fire aboard one of its test planes forced an emergency landing on Tuesday.
The company is investigating the incident and has said it is too early to tell if it would affect plans to make its first-delivery of a 787 by the middle of the first quarter of 2011.
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