The 2009 cancellations included 83 canceled orders for the 787 Dreamliner, which finally took flight at the end of the year, over two years behind its original schedule.
Randy Tinseth, Boeing vice president of marketing for commercial airplanes, attributed the drop to the decline in air traffic for passengers and freight saying “the order numbers reflect the challenges of the marketâ€Â. The International Air Transport Association (IATA) estimates airlines worldwide will have lost a total of US$11 billion in 2009.
Saying, “2010 will be another challenging year in the marketplace,†Tinseth said the year ahead will see continued low sales volumes and reduced production rates in line with slumping demand.