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April 21, 2024
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News reports out last week suggested that Boeing’s 787 sales have slowed, and the company may be facing more financial headwinds as a result.  But before you buy into doom and gloom headlines, let’s take a look at some data points underlying the program.

The 787 program is already in its 12th year.  The aircraft has sold at a faster rate than any previous widebody – so it is already a sales success. The overall market took a major dip in 1Q16, and the market regularly moves up and down cyclically.  Any dips are cyclical and not attributable to the aircraft program itself.  Plus, with a strong backlog, airlines that would have to wait six to seven years for a delivery may prefer to wait until backlog comes down before placing orders.

author avatar
Addison Schonland
Co-Founder AirInsight. My previous life includes stints at Shell South Africa, CIC Research, and PA Consulting. Got bitten by the aviation bug and ended up an Avgeek. Then the data bug got me, making me a curious Avgeek seeking data-driven logic. Also, I appreciate conversations with smart people from whom I learn so much. Summary: I am very fortunate to work with and converse with great people.