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Boeing achieves record orders in 2014

Boeing’s commercial aircraft division achieved a record 1,432 orders in 2014.

New figures show that the US manufacturer has a strong backlog of almost 5,800 aircraft valued at $440 billion.

Overall revenue rose 5% last year to a record $90.8 billion as operating earnings increased by 12% to almost $8.9 billion.

Boeing started production on the first new generation 737 MAX aircraft in the final quarter of 2014. The company has won more 2,600 firm orders for the 737 MAX.

Boeing chairman and chief executive Jim McNerney said: “Strong operating performance in the final quarter of 2014 propelled us to some of our best-ever results and sealed a fifth consecutive year of core operating earnings growth.

“Our commercial airplanes business successfully increased production rates and set an industry record for annual deliveries while also growing its backlog to new highs on record new orders for the year.

“For 2015, we will continue to build on our commercial airplanes market leadership,” he said.

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