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Dubai Aerospace Enterprise cancels 32 737s
By Jon Ostrower
Boeing has confirmed that Dubai Aerospace Enterprise is the previously unidentified customer that cancelled 32 737s.
The lessor continues to shed its backlog under the pressure of the global financial collapse.
With this cancellation the UAE-based lessor shrinks its total 737 portfolio to 38, down from the original order for 70 placed in November 2007 as part of a 200 aircraft, $27.2 billion buying spree from Boeing and Airbus.
Of the 38 aircraft, DAE's 737 order is made up of 34 737-700s and 4 737-800s, down from its original 66 737-300s and 4 737-800s. Three of the four 737-800s were delivered in 2010.
Boeing says DAE still holds 6 777Fs, 15 747-8Fs and 35 737s in backlog.
The cancellation, disclosed on 3 February, was first listed as originating from an unidentified customer, and wiped out Boeing's 737 backlog for 2011 after the airframer had accumulated 32 gross orders for the narrowbody.
In August, DAE cancelled a total of 50 aircraft from Airbus and Boeing, including 7 A350s, 18 A320s, 10 777s and 15 787s.
Boeing says the loss of the 32 737s will have no impact to its plans to raise narrowbody production rates to 38 aircraft per month by the second quarter of 2013.
By Jon Ostrower
Boeing has confirmed that Dubai Aerospace Enterprise is the previously unidentified customer that cancelled 32 737s.
The lessor continues to shed its backlog under the pressure of the global financial collapse.
With this cancellation the UAE-based lessor shrinks its total 737 portfolio to 38, down from the original order for 70 placed in November 2007 as part of a 200 aircraft, $27.2 billion buying spree from Boeing and Airbus.
Of the 38 aircraft, DAE's 737 order is made up of 34 737-700s and 4 737-800s, down from its original 66 737-300s and 4 737-800s. Three of the four 737-800s were delivered in 2010.
Boeing says DAE still holds 6 777Fs, 15 747-8Fs and 35 737s in backlog.
The cancellation, disclosed on 3 February, was first listed as originating from an unidentified customer, and wiped out Boeing's 737 backlog for 2011 after the airframer had accumulated 32 gross orders for the narrowbody.
In August, DAE cancelled a total of 50 aircraft from Airbus and Boeing, including 7 A350s, 18 A320s, 10 777s and 15 787s.
Boeing says the loss of the 32 737s will have no impact to its plans to raise narrowbody production rates to 38 aircraft per month by the second quarter of 2013.
