Boeing September Orders and YTD Summary

Below is an exclusive Winging It Chart which tries to track what Boeing documents not what the press reporting has indicated. These are two different world's. Boeing post's only what the customer has confirmed as an order and additionally only reports the customer's name when that same customer allows its naming on Boeing's web site. Sometimes the press becomes vague with its assertions and results  in reporting intents as firm orders and firm orders as intents. This becomes a general confusion for aviation followers who seek firm answers.

Boeing added firm orders in September 2017 by 72 units for all of  Boeing types. Boeing also reported it had delivered 78 units for all its types during September 2017. The important metric of book to bill rate is .92 for September. The goal each month is a solid "1" for a book to bill rate. Boeing fell six orders short having only 72 orders when examining the above chart. The chart also reflects an annual net YTD order total 498 units. The adjustments or cancellation metric is a -67 units applied to the gross orders. Boeing has already pushed forward with 565 gross orders for all its airplane types offered.

A special tracking by Winging It is for Boeing's medium wide body 787 aircraft since it needs to retire a 27 billion deferred cost amount. Boeing has now expanded its 787 accounting block to 1,300 units. The accounting block's intent is an analytical position for when Boeing will retire all costs held in suspense after each 787 delivered profits money. That profit margin on each 787 goes towards retiring its program deferred start-up debt. The accounting block becomes a marker on the trail towards ultimate profitability. Boeing will not pay-off its 27 billion remaining deferred costs during the next accounting block. Tracking Boeing 787 orders is an important key for estimating when it will reaches its program milestone of retired costs.

Boeing has now booked 1,283 units of its 787 family of aircraft. An important footnote for the program is that it has less than 100 of its more costly production 787-8 type, and the more production efficient 787-9 and 787-10 will contribute with a higher per unit margin over the 787-8's smaller deferred cost reductions.

Charting the monthly and YTD booking numbers indicates the long term health for Boeing's commercial division.