Thursday, May 5, 2016

Boeing 6.02 Billion For April Sales

Boeing has accumulated 34 more aircraft orders valued at approximately 6.02 billion in April. This keeps the Boeing total book pacing ahead of Airbus, one month shy of the midpoint during 2016 and before Farnborough. I am expecting a slow month for Airplane orders for both makers in the Month of May as the Farnborough airshow draws near.

Boeing appears to be working through a large backlog for the 737 and 787 achieving a consistent flow for orders since the first of the year. The China Eastern order for both Boeing and Airbus was a noteworthy order pairing as Boeing booked 15 of the 787-9's and Airbus tallied 20 of the A-350-900 on the same purchase cycle.

The split ordering suggests the wide body market is still up for grabs as Boeing is in the dominate position while having higher production and a lower backlog than Airbus.

Boeing Data via website: 

However, in a down year for both makers, Boeing is still showing order strength at a nominal level, where the Airbus YTD has illustrated a docile single aisle order streak. The posting will be updated when more Airbus information is revealed for the month of April.