Boeing Books $6.5B Worth Of Orders

10/11/18

By Dhierin Bechai, SeekingAlpha

Summary

Boeing logged 65 orders during the month, bringing gross orders to 803.

Company delivered 87during the month, bringing year-to-date deliveries to 568 out of 810 targeted.

The book-to-bill ratio remains far above 1.

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Each year, Boeing (NYSE:BA) and Airbus (OTCPK:EADSF) engage in a fierce order battle. In 2017, Airbus won that battle by numbers, but in terms of dollar value, which AeroAnalysis ultimately considers to be more important, Boeing easily outperformed Airbus.

Source: The Boeing Company

For 2018, Boeing expects order inflow to be moderated. That's a pretty vague term, but it does not make it less interesting to look at orders and deliveries on a monthly basis to assess the overall appeal of aircraft on the commercial market. By looking at the orders, we can see a combination of willingness to commit with pricing, product, and availability coming together. Special attention will be paid to the mix of single-aisle aircraft and wide-body aircraft, knowing that a single-aisle aircraft costs roughly half or a third of a wide-body aircraft, depending on the model.

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