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Boeing Loses Orders for 26 Jets Worth $5.82 Billion

Boeing Co., the world’s second- biggest commercial-jet builder, said orders were canceled in the past week for 26 jets valued at $5.82 billion at average list prices.

Boeing, based in Chicago, didn’t identify the customers who dropped orders for 15 787 Dreamliners, 10 777s and one 737, listed in today’s weekly update of its website. A company spokesman, Jim Proulx, declined to comment.

A contract for 15 Dreamliners was removed today from Boeing’s online backlog listing for Dubai Aerospace Enterprise Ltd., a state-owned aviation services and leasing company that said in July it was in talks about scaling back its orders. Dubai, one of seven states that make up the United Arab Emirates, was hurt as the credit crisis hit its property and tourism industries.

Boeing has lost four more Dreamliner orders than it has won this year as the jet’s entry into service continues to slip. Boeing said last month that the target of delivering the first 787 by year’s end, which is already more than two years behind schedule, may slide into 2011 because testing is taking longer than planned and workers have discovered more defects.

The 787 backlog now stands at 847 jets for 55 customers, with orders dropped for 116 of the composite-plastic planes since 2008.

Today’s website update added purchase contracts for two 737s, bringing the total net order tally for the year to 255 airplanes. That exceeds the total for all of last year as airlines recover from the recession and seek more fuel-efficient jets.

Boeing fell 54 cents to $68.71 at 4:15 p.m. in New York Stock Exchange composite trading. The shares have declined 32 percent since the first 787 delay was announced in October 2007.

To contact the reporter on this story: Susanna Ray in Seattle at sray7@bloomberg.net

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