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Thursday, October 11, 2018

Backlog Indicators Boeing - Airbus 9/30

As a guide to Aviationphiles, the below charts show relative backlog between Boeing and Airbus for the period ending 9/30/2018. Notes below this opening are for your convenience, indicates Boeing is slowing closing the backlog gap in the single-aisle category. Boeing having 4,714 units to deliver as compared with the Airbus tally of 6,301units. The $billions in comparison give Airbus the relative dollar backlog lead. It is also important to note Airbus absorbed the Bombardier single-aisle backlog as part of its accounting lump totals. The also hides Boeing's progress with its single-aisle gap with Airbus who has a very strong backlog for A321's where Boeing has answered with newly offered 737-Max 9's and 10's. If Boeing can add an Embraer single-aisle count to its book through a merger, currently in the works, and it continues to book the 737 Max at the same pace it has over the last couple of order cycles, then it will catch Airbus single-aisle backlog in this class. Boeing is within striking distance of meeting the Airbus, $170 billion, single-aisle order advantage when all things are considered.




Wide body is Boeing's strong suit. It beats Airbus in backlog dollars by $30 Billion. When The Embraer merging is complete and using this $30 dollar WB buffer, Boeing should have caught Airbus in both total units and dollar value for its respective backlogs. Enjoy the numerical comparisons, as this is only an estimation using dynamic order and production books while using some assumptions when data is not available which may slightly differ from Boeing's own reporting. All data is based on both the Airbus and Boeing's reporting websites ending 9-30-2018.





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