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Boeing: Shortfall 3Q Jet Deliveries

October 3, 2001

CHICAGO (AP) _ Boeing Co. said Wednesday it delivered 19 fewer commercial jets than it expected in the third quarter, a shortfall it blamed on the Sept. 11 terrorist attacks.

It also lowered its forecast for full-year sales to about 500 jets from the previous 538.

The world’s largest aerospace company said it delivered 120 aircraft to domestic and international customers in the third quarter, including 29 after Sept. 11. Year-to-date commercial jet deliveries now total 383.

Military and space units were not affected by the event, Boeing said.

The company did not offer any new projections for 2002 deliveries, which now are estimated to be as low as 400, compared with the 510 to 520 previously forecast.

The lowered totals come a week after Chicago-based Boeing announced plans to lay off 20 percent to 30 percent of its commercial airplanes employees, or as many as 30,000 workers, in the wake of the attacks that wreaked havoc in the airline industry.

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http://www.boeing.com

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