Business case for NMA remains uncertain

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Introduction

July 17, 2017, © Leeham Co.: We’re half way through 2017. Boeing reported orders through July 11, a week ago. Airbus won’t update its July orders until the end of the month.

Through July 11, Boeing reported 116 net wide-body orders: 15 for the 767, 33 for the 777 and 75 for the 787. Net cancellations of -7 for the 747 are included in the net 116 figure.

The 15 767s were not commercial models, however, but 767-2C tankers for the USAF.

Over at Airbus, none of China’s 40 commitments announced July 5 for 40 A350s are in the June summary, and won’t be in the Orders tally until the commitments turn into firm orders. Through June, airbus had net 26 widebody orders: three A330-200s and 29 A350-900. There were cancellations of four A330-800s and two A380s.

If the 40 China A350s were included, this would bring Airbus to 66 widebody orders, still well short of Boeing’s YTD figure.

Summary
  • Airbus product gap widens as A330-200/800 stalls.
  • Boeing 787 strength comes from 787-9; 787-8 remains minor player.
  • Middle of the Market business case still unproved.

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