Boeing deliveries dip 4.3% in first quarter

1 min

New York (AFP)

Boeing's commercial aircraft deliveries fell about 4.3 percent in the first quarter compared with the year-ago period, according to Boeing data released Thursday.

Deliveries dipped to 176 in the quarter ending March 31 from 184 in the first quarter of 2015. The biggest share came from Boeing's single-aisle 737 planes.

Boeing also delivered 30 of its "Dreamliner" models, which employ light-weight materials and are more fuel-efficient.

The other plane with significant orders was the Boeing 777 wide-body model, with 23. Boeing shipped just one 747 and one 767.

Airplane deliveries are viewed as the most important benchmark for financial performance because that is when money is usually exchanged from airlines.

Boeing reported orders for 122 planes through April 5, with the 737 accounting for nearly 90 percent, according to data on its website.