The ABCVNLHA's of the Navy

Here is an interesting video of what's next for the Navy.

Boeing's 1st QTR 2018 Earnings Call

Caution with optimism as typical as a stockholder wants the long-term stockholder to hear with an early this year pronouncement.

Recap: from The Motley Fool

·      The 777 production is covered without Iran's order.

·      The 797 announcement remains a pipe dream.

·      Boeing lands the 767 KC-36 tankers just over the Rainbow near Seattle (Oz).

·      China who?

·      The Boeing 787-8 becomes plug and play in Boeing's assembly flow.

Winging It, Counter Points:

·      777X development Irons out its stuff slowing its process by six months

·      The 797 will blow your mind at Farnborough

·      Dorothy does land her first tanker at McConnell Air Force Base, Ks.

·      China Buys More 787 because it can.

·      More 787-8 orders emerge as Boeing's rate production increases to 14.

Could Rising Jet A Price Begin A...

... An onslaught of new widebody orders? Low fuel prices became the premise for large older generation airframes for the industry back five years ago thus suffocating buying large wide-bodied aircraft like the 787. Using an opposite rationale could start a surge for new general widebody orders, specifically the 787 families of aircraft in 2019.

The old thought said buy, lease or borrow low priced inefficient aircraft because fuel cost became so low. Now that fuel is rising, a pent-up demand for the 787 could explode on the market scene by 2019 because of airline profit need. Fuel prices are going higher therefore, it is required to own efficient aircraft like the Max or Dreamliner?

Boeing has already considered this market paradigm and it has many orders options on hand just from fuel efficiency demanded with operations from fuel prices climbing.

Boeing's Big Bite, The 797

Boeing has started then stopped and then started the 797 talk over the last several years. Western sensibilities want an aircraft centered on passengers and it luggage requirements. Asian wants are centered on both passengers and freight. The Boeing Company first researched a viable mid-range middle of the market aircraft that became everything the 787-300 was supposed to be but had not enough takers for the concept. That was back in 2010 when the 787-300 went up in smoke.

Now comes the 220-270 type mid-range aircraft were Asia or China holds immense clout over Boeing's design parameters. The 797 is in a holding pattern while Boeing engineering is trying to please both western and eastern sensibilities. China wants the freight function and Boeing wants its 797 design motif to remain intact of a smaller hold than typical. 

China wants passenger density that the 797 concepts is offering, but is squeamish over the Boeing conceptual freight capacity from Boeing's first designs having a smaller freight space than what western sensibility desires with Boeing's initial proposal. This brings the matter to a head. Having a two-body model type 797. One called the "E" and the other called the "W" type 797. 

If Asia can commit to a 250 seat dual aisle 5,000-mile range holding enough freight space they will get an "E" ticket 797 for any Eastern type. If American and United have influence with Boeing (I think they do) then expect a 250 seat slim bodied 797 type called the 797-W for western sensibilities. If Boeing can easily build both types sharing 797 commonalities using same technologies for both types then both types could be built by snapping together its barrels according to the work order submitted at its assembly plant. 

What's taking so long for Boeing to announce the 797? Well, it's going to commit to building what the customer wants or needs first and they must assure themselves it can do it without costing another money pit like the 787 program created with its deferred costs of almost $30 billion. 

The west is west song comes to mind when thinking about this matter. Asia would have to order at least 400 797-E's before Boeing gives in while having a like number 797-W's also in the books from "other" customers like United. Plastics and computer modeling is the answer and that is what is taking Boeing so long. It can and will do the 797 but the order book it has collected on the 797 is governing the manufacturing headache it now faces.

Winging It Made A 787-10 Case Back in 2012

2012: Paraphrased, "The program will start when Boeing books at least 150 orders". They made that number with 171 units booked and have delivered two units six years after the Winging It prediction, to Singapore Airlines.

Winging It has made another prediction true.

150 Breakeven for the 787-10 back in 2012.

View From The Top: of a 777X Flight Deck

Boeing inches closer to the first flight of its proposed 777X airframe and here is proof its design is firmly in engineers hands with a "Go" card pinned to the 777X engineering door. 

Okay, let's go!!!

787 Program Numbers Crunched

Its been a while since numbers have been discussed. Sometimes terminology is used as in "Book to Bill" ratio needs to reach a theoretical "1". Or more commonly described as for every order there is one delivered within the same said period of time. Below is a Winging It Chart of 787 production and orders during the whole program to date not respecting any one year or month, but from the programs start of production/delivery in 2011 when the first 787's were delivered late in that year.

This recap has about 688 units in a backlog status until built and delivered. Program to date reports about 1,365 units ordered making the book to bill program ratio derived from 1365/677 thus equaling 2.02 BB rate. Another interesting note the deliveries are almost equal to it backlog comparing a 50/50 status. Boeing is announcing many more 787 bookings this year as it hopes to match its delivery pace with new orders by year's end in a 2018 BB rate of 1. An optimistic view, indeed. The rate production is jumping to 14 a month or 168 units a year for 2019. That number becomes an indicator it also hopes to match 787 booking by the same number. By year's end, Boeing will be hoping for around 140 units booked for maintaining of "1" BB Ratio by meeting its goal of 140 deliveries.

American Resurgence Of The 787-8

Is Boeing deviously surging the 787-8 brand of aircraft? Is the 787-8 not dead? These questions may come up since Boeing just sold American Airlines 22 of its 787-8's. That's a whole year or two worth of 787-8 sales. It has been quite a while since Boeing last sold that many 787-8's in one day. Since then (that day) it has sold a boatload of 787-9's and 787-10's.

In fact, since the last load of 787-8's were sold, the Boeing company accomplished the last checklist item it needed. Fit the 787-8 together just like the 787-9 fits together. In other words, sections of the 787 and its associated components are built like a 787-9. Back in September 2017 as an example, Boeing announced a Japan Airlines deal for four 787-8's as previous disclosed unidentified customer booked order belonging to Japan Airlines. A slow announcing process for the 787-8, indeed.

The American Airline order just announced for 22 787-8's has the aviation world looking at that order under its scrutiny of why order well beyond the long ended Boeing introductory model. Why is Boeing investing in building the 787-8 efficiently as a 787-9? 

Boeing.com Data from January 2015 to current; Winging It Chart

The takeaway is the 787-8 program was essentially dead until the American Airlines order this last monthly cycle in early April 2018.

Other airlines are in the order mode with the 787-8 which are not disclosed at this time, otherwise, Boeing would not have spent time and money making the 787-8 build process uniform with its other stablemates. 

There were about 60-70 frames yet to be built when the new build process was completed. Bam! then came the American 787-8 order for 22. It signals a resurgence not an end to the program, otherwise, there would be no order from American.

Boeing can build it cheaper at this time and airlines will be filling its aviation gap with the 787-8. The 787-9 is currently the moneymaker with its great airspace rush going on for long-range routes which will end by 2025. The NMA is the next airspace rush and the 787-8 will be in that mix with those fleet offerings. The second rush is for a regional 220-270 passengers capacity where the 797 and 787 will play the central role. American Airline has reawakened this market segment adventure.

Boeing's Order Newsreel for April 2018

Boeing has changed its reporting so Winging It has changed its reporting. Boeing used to update its book almost weekly but has deferred its reporting with a once a month each month and reports it the following next month. Otherwise, the April numbers aren't in the bag for Boeing until mid-May.  

Below is the news recap of Boeing Orders reported by press accounts month-to-date. There are 261 total orders for April's month as reported by news outlets. There are about 50 787's ordered and 211 737 Max types announced during this month. These are pre airshow numbers for just one month!! It's shaping up as a big Boeing order year, as the Farnborough airshow will reveal a mountain of orders yet to come. A prediction is 600 units ordered with Boeing, by mid-year post-Farnborough.

Most of these press order announcements should be booked by Mid-May.

The Next GE 9X Engine will Hang From a 777-9X

Recently, as in last month, the GE corporation hung a (134" circle) engine on its 747-testbed aircraft dwarfing the 747's other engines, which were once thought to be big, But this test engine is the size of a 737 body circumference.



The point of this commentary is very little news is forthcoming on the 777 X program other than a BIG test engine hangs on a GE 747 test bed. It (engine) will fly next on a 777 X wing next year. This year is almost half over it is only about a 12-month wait until the 777X has her first flight. It is a big event for aviation nerds but the 777X program life cycle is well into its halfway point journey. It's closer to first flight than it is to the first program announcement. Boeing remains tight-lipped on the progress more by design than sensing any build problems. Customers may know more about 777X progress than the press is able to ascertain at this time the news is there but it's buried under 777X confidentiality.