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Tuesday, November 21, 2017

Boeing Books Since Paris

Back in June of 2017 Boeing had amassed a lot of paper airplanes. Those are good intentions (LOI) or promised airplanes via MOU's with some contractual commitment, but what about booking those orders? 

How many and how much is it worth coming from a Paris handshake? Winging It kept records from the show and classified those records with the following sub groupings. 

A solid green color indicated a purchase, or a conversion from one previously ordered type into a firm order at the show for another type. A star by customer's name indicates a new firm order converted from the previous Paris airshow MOU/LOI status. A starred name has been converted into a solid green color purchase condition where any remaining MOU's or LOI's remain a light green color on Winging It's main chart and is not pictured above and is not shown with this posting. A purchase-conversion may have been an MOU at the show but it could be a firm order today and is booked by Boeing. 

A previous posting listed the remaining Paris Airshow MOU's and LOI's and briefly discussed what should happen to those MOU's before year's end.

Below is an indication for how busy the Boeing marketing team has been working. Not only finalizing deals from Paris but currently adding flydubai for 225 Max aircraft, Avolon's 75 Max aircraft, and a slug of wide bodied aircraft from various customers totaling about 45 787's and several 777's as an example.

The below Chart list the prior MOU's and LOI's agreed upon during the Paris Airshow 2017 and are now booked as firm orders for Boeing.

Boeing's backlog of MOU's signed since Paris eclipses Boeing's Dubai Show both in units ordered and in value. The two airshows combined value adds significantly more than $150 billion gross to Boeing's book at list price. The Cumulative Paris order Book is charted below from Winging It data. It includes both those orders during the show and those orders firmed after the show from its MOU status*.

The gross list price value exceeds $100 billion from both shows. This is the Paris List Below at $97 Billion The Dubai Airshow was close to $50 billion.

* represents a prior intent/MOU and is now a booked Booked order on Boeing's website.

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