News from Asia overnight comes two order announcements. Cathay is ordering 777-300ERs and 8 777Fs. SIA is ordering eight 777-300ERs. This is great news for Boeing and a reaffirmation that its 777 program continues doing very well.

The are also welcome because airplanes are not a discounted as much as 737s.  Therefore, relatively, Boeing will make good money on sales. Boeing’s net YTD for the 777 is 79. So the orders jump that number to 99, a nice 25% increase. Lots of smiles at Boeing today.

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