Holding and Leasing Co. 787 2015 Footprint

Boeing has a strong leasing and holding company book ending in 2015. This is a subgroup of particular interest, as it shows a balance against the outright purchasing participation compared with leasing during 2015. The lease book portion is an older inventory, booked over-all, where its delivery percentage is lower than the overall delivery to book rate.

Boeing delivered lease to booked lease Chart 2015 YTD For The 787 Program

The 20% delivered to book lease rate is considerably smaller than Boeing's over-all delivered to Book rate of 32%, as the delivered to purchase rate comes in at 34%.

What's Under The Tree 2015

Boeing's own numbers are preliminary with only one week remaining in the year the chart is self-explanatory. If on January 10, 2016 things change for 2015 this page will be noted with a (2016 update for 2015).

Data Supplied By Boeing. Com Tables

Emirates, May The Force Be With You

Emirates is the real Force in the desert region. Each of the 192 undelivered 777's represent a lot of desert tons at takeoff. World domination can be achieved through judicious use of a vast 777X fleet which they had ordered. They have the GE Force with Emirates. Emirates will fly the 777 just like SWA flies the 737, approaching SWA's great numbers, but only going much farther around the world. Having the “Star Wars” theme of the month is only apropos for aviation aficionados who buy Boeing in statement purchases. “May the Force Be With You”.

Customer Summary Through November 2015

Emirates (United Arab Emirates)

Model Series	Eng	First Order	Orders	Deliveries	Unfilled	First Delivery
777-200	RR	04-Jun-1992	3	3	-	05-Jun-1996
777-200ER	RR	04-Jun-1992	6	6	-	11-Apr-1997
777-200LR	GE	21-Nov-2005	10	10	-	31-Aug-2007
777-300ER	GE	19-Jul-2004	120	78	42	15-Feb-2006
777X	GE	08-Jul-2014	150	-	150
777 Total			289	97	192

Customer Total

289

97

192

Did The China Order In Its "Suspense File" Come In For Boeing?

The unannounced order book has grown mysteriously in Boeing's case. Here are the numbers:

2015 Net Orders

563

2

49

58

71

743

Customers	737	747	767	777	787	Total
AerCap	100	-	-	-	-	100
Air Austral	-	-	-	-	2	2
Air Tahiti Nui	-	-	-	-	2	2
AirBridgeCargo Airlines	-	2	-	-	-	2
Alaska Airlines	6	-	-	-	-	6
ALC	8	-	-	-	-	8
All Nippon Airways	5	-	-	-	3	8
Atlas Air, Inc	-	1	-	-	-	1
Australia P-8	4	-	-	-	-	4
BOC Aviation	23	-	-	-	-	23
Business Jets / VIP Customer(s)	6	-	-	-	2	8
COPA Airlines	51	-	-	-	-	51
Delta Air Lines	20	-	-	-	-	20
EL AL Israel Airlines	-	-	-	-	3	3
Enter Air Sp. z o.o.	1	-	-	-	-	1
Ethiopian Airlines	-	-	-	-	6	6
Etihad Airways	-	-	-	2	-	2
EVA Air	-	-	-	7	18	25
FedEx	-	-	49	-	-	49
GECAS	2	-	-	-	-	2
GOL Airlines	9	-	-	-	-	9
Jet2.com Ltd	30	-	-	-	-	30
Korean Air	30	-	-	7	-	37
Norwegian	-	-	-	-	19	19
Oman Air (SAOC)	20	-	-	-	-	20
Qantas	-	-	-	-	5	5
Qatar Airways	-	-	-	14	-	14
Ruili Airlines	30	-	-	-	-	30
Ryanair	3	-	-	-	-	3
SilkAir	6	-	-	-	-	6
Silk Way Airlines	-	3	-	-	-	3
SMBC Aviation Capital	10	-	-	-	-	10
Sriwijaya Air	2	-	-	-	-	2
Swiss Global Air Lines Ltd	-	-	-	3	-	3
TUI Travel PLC	-	-	-	-	1	1
Turkish Airlines	10	-	-	-	-	10
Unidentified Customer(s)	244	-	-	15	36	295
United Airlines	-	-	-	10	-	10
United States Navy	9	-	-	-	-	9
Virgin Australia Airlines	4	-	-	-	-	4
2015 Gross Orders	633	6	49	58	97	843
Changes	-70	-4	-	-	-26	-100
2015 Net Orders	563	2	49	58	71	743

	737	747	767	777	787	Total

Blue highlighted text in the chart above indicates updates for the current week.

Changes since last update: 166 new orders (Delta Air Lines for 20 737s, Jet 2.com Ltd for three 737s, and Unidentified Customer(s) for 143 737s).

One hundred and forty-three, unidentified 737's comes in near the China "omnibus" order mentioned earlier in the fall. It also speculated, wide body orders would be numbering in the 50's taking my estimation off track, since no mention of unidentified wide bodies even show up in the Boeing order updating. The order book may not reflect the China order at all. 

The seven hundred and forty three Boeing total net order count is year-to-date, and it comes in pairing within its initial guidance given at the first of 2015. Boeing proposed a 700-755 sales year would occur during 2015. I must admit, I factored a higher order count than this for its 787 program during 2015. It has occurred to me, Boeing still has an order moment up its sleeve (seven more days to go). Whether it's 2015 or 2016 is in the Boeing cards. 

The 787 has already achieved 71 787's ordered this year, but order book changes today does not include any China intent announced earlier in the year. Even not knowing who the 143-737's are going to, I suspect a China order is in play, with having wide bodies orders announced later next year. The other comment is that Boeing knows if it will build or assemble 737's in China at this time.

"China’s Boeing Order: China Business News November 27, 2015

Boeing, realizing how big the market for China is, has entered into an agreement with China for 300 airlines worth $38 billion at list price. Part of the general agreement includes 190 of the 737 aircraft and 50 of the wide body planes for the Chinese airlines. China is one of the biggest markets for Boeing, accounting for quarter of the deliveries this year."

At last the deal is done with China and the caveat is that Chinese participants announce when, what, and who the individual orders involve. Boeing may only reflect the announced identified portion of the larger China order in Suspense.