Below is our updated model. This is a refresh from our previous version, and now follows the layout of our Airbus model so that the combined OEM tracking model. Notes: 2023 is turning out to be a great year, and that's before adding the big Dubai wins We will publish an analysis shortly on how Boeing reduces its production and customer risk. See page 5 for an idea of Boeing's customer risk. The big challenge for Boeing is not orders but deliveries, especially MAX deliveries. Within the delivery challenge is the missing MAX 10 - every month that goes by without FAA certification gives Airbus another boost. As we noted, this boost over the past 34 months is already worth over $30Bn So even as Boeing sees recovery and things look much better, the execution hurdle looms.