Forget About The Mega Orders For The 737, Boeing Needs Wide Body Orders

Forget About The Mega Orders For The 737, Boeing Needs Wide Body Orders

With the Farnborough International Airshow starting on the 11th of July, some solid order inflow is expected during the month. Despite expectations being damped quite a bit, the month of July is an important one for Boeing (NYSE:BA) and Airbus (OTCPK:EADSF) as it could give an idea on how realistic the full year targets of both jet makers are. In this article I will explain why the smaller wide body orders should be valued more for Boeing.

Challenges arise

Despite order announcements being an important part of the Farnborough International Airshow, I do think that this year's focus will be on some arising challenges the jet makers are facing. China represents a market with a $1 trillion potential, but economic growth has been slowing.

Additionally, there is the Brexit vote, which likely has implications for the growth profile of some airlines in Europe.

For Airbus it is likely that there will be some focus on the Airbus A350 deliveries, which are lacking quite a bit and the issues on the Airbus A320neo.

For Boeing, of course, there will be some focus on the Boeing 777 Classic, which is running out of backlog, the Boeing 777-10X and a MoM aircraft.

Backlog

Looking at the backlogs one would say that this air show in terms of orders is a non-event. Boeing has almost 5,700 aircraft in backlog according to their Junes figures. In comparison, Airbus has over 6,700 orders in backlog.

إبراهيم زكاغ

مدون وأحب القراءة وكل جديد التكنولوجيا والإنترنت . إنشاء فولفولي جاء من الرغبة في مشاركة تجربتي المتواضعة ولأكون مساهما ولو بالقليل في محتوى الإنترنت.

هنا كود أدسنس