While deliveries are most important for Boeing’s financial results, the orders are important as well. In August, Boeing orders were sharply lower year-over-year. Bright spot probably was the order for 19 KC-46A tankers that kept Boeing’s order inflow afloat in August.
Orders
In August, Boeing received a total of 22 orders. The jet maker received 3 orders for its narrow body products and 19 for its widebody product:
- An unidentified customer ordered 1 Boeing 737–800
- A second unidentified customer ordered 2 Boeing 737–800s
- The US Air Force ordered 19 Boeing 767–2Cs
Year-over-year August sales have fallen. Last year the jet maker sold 52 aircraft, compared to 22 aircraft this year. Additionally, Boeing had an exceptionally weak month considering that it only booked 3 commercial sales.
Deliveries
In August, Boeing delivered a total of 59 airframes. This is below the average required number of deliveries to meet the full year target, but we are not seeing any signs of Boeing missing its delivery target.
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AeroAnalysis was founded in June 2015 and commenced operation in July 2015. In 2013 AeroAnalysis started publishing its work on investing research platform SeekingAlpha, primarily covering the aerospace industry from a unique angle, combining knowledge about investing and aerospace products into unique write-ups that spark healthy discussions and give meaningful insight to investors.