China Eastern
 

China Eastern has today announced various orders...

In a blow to Boeing, they have ordered 15 A330s (12 x -200s, 3 x -300s).

They will sell back to Airbus 5 x A340-300s during 2012.

An order for 24 x Boeing 787s has been cancelled due to delivery delays and weakening economic conditions.

Instead, they have ordered 45 x B737 (series not known)

In other news.....Elvis has also passed away.

In a big blow to Boeing???

Airbus orders of 15, less 5 hand backs = 10.
Boeing orders of 45, less 24 hand backs = 21.

Am I missing something?

The 737's are -800's btw.

Presumably what you are missing is that a B737-800 will be less than half the price of a B787 so in money terms the order is now smaller. On the other hand you could say that Boeing has now go an order where it has production capacity, and a cancellation for a type where it can't keep up with orders anyway.

Boeing also has an order on which they can make money!

The vast majority of 787's were sold at prices that are now well below the cost of manufacturing them.