Boeing's Impressive Commercial Airplane Lineup & Backlog Underpin Its $142 Fair Value

Boeing's commercial airplane backlog jumped to nearly 5,200 airplanes at the end of last month, from around 3,770 airplanes at the end of 2011. This sharp growth in the company's backlog over just two-and-half years forced it to hike its production rates and this has resulted in both higher deliveries and stronger results.