Sunday, November 1, 2015

Boeing delivers 11 787s in October, preparing for a large delivery month in November.



Boeing had a good delivery month in October by handing over the keys to 11 Dreamliners including the first 787 to Oman Air and finally delivering the 2 787-8 to Kenya Airways and completing the East African airlines' order.  With the 11 aircraft handed over in October, Boeing has now delivered 112 787s thus far in 2015 (to put in perspective, Boeing delivered 114 787s in 2014) and has made 340 deliveries since September 2011.

Efficiency of the Boeing 787 assembly lines was mixed. Last month deliveries of 787 built in North Charleston stood at 2.  It was made up this month with 7 Charleston built 787s being handed over.  Everett didn't distinguish it self in October however.  After delivering 9 787s in September, the Everett plant delivered only 4 in October.  The October efficiency ratio for Everett stands at 1.5 which is much too high.  The efficiency ratio for Charleston was 0.71 which was helped by the two Kenya Airways deliveries.  Overall the efficiency of both 787 assembly locations was 1 in October (11 airplane rolled to to 11 airplanes delivered).  For the year Everett's efficiency is 0.90 while Charleston's efficiency is 1.03.  For the year the 787 program efficiency is and excellent 0.94 (105 airplanes rolled out to 112 airplanes delivered).

Looking ahead to November.  Boeing has 14 787s that are projected to be delivered in the coming month.  Of the 14 being readied for delivery, 4 are all set to be delivered, 5 others have to fly their customer acceptance flights and 5 more need to fly their B-1 flights.  All the B-1s should be completed by November 11th weather dependent thus leaving enough room for all the customer flights to take place in time for deliveries to be made by November 30th.

Deliveries in November are projected to be made to:

AerCap (lsd to KLM) : 1 x 787-9
Air Canada - 1 x 787-9
American Airlines : 1 x 787-8
ANA - 1 x 787-8, 1 x 787-9
British Airways - 2 x 787-9
CIT (lsd to Aeromexico) - 1 x 787-8
Oman Air - 1 x 787-8
Qatar Airways - 2 x 787-8
United Airlines - 3 x 787-9

Again there may be extenuating circumstances whereby some of these deliveries may not be made in November.

October also proved to be fruitful for 787 orders.  QANTAS' 787-9 order was finally booked as they exercised 5 787-9 options that were due to expire this year as well as converted 3 787-8 for Jetstar to 787-9 for the mainline operation.  Boeing also booked 19 787-9 orders from Norwegian and announced that they had come to an agreement on 3 787 firm for El Al (out of an order of 9 that the airline intends to place with Boeing.  The type of 787 that was firmed up has not been disclosed nor is the timeline for firming the other 6 787s.  The remainder of El Al's 787 order (6 aircraft) will be taken through leases.  El Al has indicated that they will be taking a mix of 787-8 and 787-9 and the 10 options they have is rumored to be for the 787-10.

Yet to come if firming up of the 24 787-10 for Eva Air as well as firming the Garuda Indonesia order for 30 787-9s.  If all these orders are firmed before the end of the year plus if Boeing is able to secure another 30+ 787 orders that are firm in 2015 then they can achieve a book-to-bill of 1 on the 787 program for 2015.  Currently Boeing net 787 order book for 2015 stands at 50.

787 Full Production Table

4 comments:

1coolguy1 said...

As to orders, maybe now that the disaster McNerney is gone, Boeing can take smaller discounts and together with reduced production costs the 787 program won't be such a disaster as it has been.
BTW - anyone know how much the POS gets paid in retirement?

greg smith said...

Still waiting for hainan and xiamens orders to be firmed up....

Uresh said...

Actually Hainan and Xiamen are firmed up. Sources told me that the 24 UFO 787-9 are for Hainan and the 6 UFO 787-9 are for Xiamen. I listed those on the tables.

greg smith said...

Thanks. .Now i wish Boeing will make it official on their order books...