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Boeing Loses 12 Airplane Orders

Plane maker says orders for 12 jets have been canceled, including orders for three 777s and one of its delayed 787s.

CHICAGO (AP) -- Boeing says orders for 12 jets have been canceled, including orders for four of its most lucrative planes.

The company says customers canceled orders for three 777s and one of its delayed 787s. The company declined to say who canceled the orders.

It also lost orders for eight of its 737s. Boeing makes more of that small- to midsize plane than any other type.

Boeing Co.'s weekly order update on Thursday showed that it also gained four new orders for 737s.

The canceled 777 and 787 orders would have been worth at least $882 million at list prices, although discounts are common. The smaller, cheaper 737s sell for $57 million to $86 million each at list prices.

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