These are preliminary numbers for Boeing orders taken during
March and over-all first quarter 2017. After Boeing publishes its final March
numbers, a clearer picture will determine that a typically slow first quarter
is an encouragement for its 2017 order outlook. Below (in Figure 1.) is the
unofficial March order synopsis until Boeing 1st quarter final
numbers are posted. It is safe to say the single aisle division is well and
alive and has anchored its presence for 2017.
Above includes the March 28th Boeing Posting
of 53 unidentified 737 orders and four 787's ordered. “Winging It”, understands
at this point in time, it must assume orders are for 737 Max-8's and
cancellations are for the 737-8 NG's. It also assumes 787 orders are for the
-9's when used for model type adjustments. Boeing information made available
will adjust Winging It Charts. Only a final accounting will validate an
accurate activity for orders during 2017. This chart and others are used as
guidelines and not actual firm numbers but is an excellent indicator of ordering
activity.
The
summary reporting for first quarter to date 2017 has indicated a gross 110
737's were ordered and an additional 28 wide body orders were booked. However,
adjustments are made for determining the net number using month by month
tallies made within the above chart. During the first three months Boeing has
cancelled an assumed 23 737-8's NG and another 5 of its 747-8's. The ending net
numbers give an actual picture for first quarter. Boeing netted 87 single aisle
737's. This is where assumptions come into play until actual numbers are
available. A cancellation of 737 NG's may be a conversion from a former order
and added to the 737 Max 8 order tally by the same number. However, the net
effect totals an 87 YTD single aisle order.
All
netting effect flows into a cash value when using Boeing's latest price
listing. Boeing has a net $9.66 billion single aisle booked value using its
latest list price listing for its 2017orders. It also booked another 4.45
Billion from its wide body orders. This would include the 747 cancellations and
the fifteen KC-46 orders during the quarter. In all the total net book value
for 2017 is about $14.11 billion at list prices.
The
data above is used in the tracking of Boeing vs Airbus, "World's Largest
Airplane Maker" data. Winging It is waiting for Airbus' posted first
quarter numbers from its website. To date, they have under performed its
expectation, but it is known for posting after Boeing compiling its "last
minute" orders and deliveries. I am expecting Airbus to come out with
about 100 single aisle orders for its first quarter summary of its orders and
delivery recap. It currently has a minus order status.