As we get ready for this week’s first flight of the 787-9 it is a good time to review the 787 order book to see how the program is evolving. The following chart breaks down orders to date by model.
The -8 has been around the longest but interest in the -9 is growing fast. A number of airlines have converted their -8 orders to the -9 variant. The following table lists conversions from the -8 to the -9. Not on the tabel are Air Canada and Singapore who may have also undertaken conversions but there are no public details.
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Start My Test Flight →These changes come from some of the biggest airlines and could be a sign of future orders. Indeed we can see that as Boeing has brought on the larger models, interest in these have grown at the expense of the -8.
Since 2010 the -8 has attracted less interest than the larger models. The -9 has significantly better economics than the -8: 14% more passenger capacity plus 6% better range with rumored 8% seat cost improvement. Boeing has learned from the development of the -8 and the -9 is apparently at or near its target weight. It would be no surprise to expect Boeing to be delighted to see customers convert to the -9 because it is likely a more profitable model for the company. Going forward we expect to see the larger models account for more than half future orders.
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