Tuesday, March 24, 2015

Winter Doldrums Are Over Now What

It seems this winter has been a non starter with only 74 net Boeing aircraft ordered in three months. The chart below from Boeing's own website gives the impression of the winter Doldrums are not some sargasso sea kelp bed holding back the Ship of Washington State. After three robust sales order years from 2012-2013-2014 comes a seasonal pause . I wonder how Boeing handles the lull before another order storm? I do know Boeing has pending commitments in reserve clear from 2014 with nary a slip of tongue on potential orders.

Boeing.Com Charts  "Ordered"
Orders through March 24, 2015
2015 Net Orders663 7480
Alaska Airlines6    6
All Nippon Airways5    5
GECAS2    2
Korean Airlines   5 5
Ryanair3    3
Silk Way Airlines 3   3
Unidentified Customer(s)54  2561
2015 Gross Orders703 7585
Changes-4   -1-5
2015 Net Orders663 7480
PARIS Thu Nov 6, 2014 6:43am EST

"China and that region of Asia have not got enough orders. They have missed opportunities to get new technology aircraft at close dates from the manufacturers directly," Steve Mason, vice president of CIT Aerospace, a subsidiary of U.S. commercial lender CIT Group, said in an interview."
HYDERABAD Thu Mar 13, 2014 6:12pm IST
(Reuters) - Boeing Co (BA.N) is in talks with Jet Airways (JET.NS) about the sale of 737 MAX jets, a Boeing executive said on Thursday, while two other people familiar with the matter said the company had secured the $5 billion deal.
Dinesh Keskar, senior vice president sales for Asia Pacific at Boeing, said he was also in discussion with state-owned Air India AIN.UL over sales of the MAX jets, but that these talks were not as "intensely involved" as they were with Jet.

The two other sources said the Jet deal for 50 planes had essentially been completed and the planes were already listed under Boeing's "business with undisclosed customers", in its order backlog.