Boeing delivers 8 787s in January; Production rate appears to be at 14/month

	Number
Testing Complete	3
To be assembled in Everett	58
To be assembled in Charleston	62
Parts Arriving	6
Undergoing final assembly	9
Storage	2
Storage/Change Incorporation and Re-Work	0
Change Incorporation and Re-Work	1
Pre-Flight Prep	11
Production Testing	5
Non Customer Flight Tests	0
Ready for Delivery	3
Donation	3
Delivered	789
TOTAL	952

Boeing booked 8 deliveries in the 1st month of 2019 (6 x 787-9 and 2 x 787-10).  This is not an unusual start to the New Year as Boeing typically has single digit deliveries in the first month as they ramp back up from the Holidays.  The one notable delivery is to WestJet as the Canadian airline received the first of 10 787-9s.  Boeing, to date, has delivered 789 x 787 (360 x 787-8, 412 x 787-9 and 17 x 787-10).  Expect that Boeing will deliver the 800th 787 in February though it's still a little too early to tell, I believe that number 800 will be delivered around February 20th.  There are 2 deliveries scheduled for that day: a 787-9 for ALC/Eva Airways and a 787-10 for United.  Again this is all tentative and the delivery order could change.  The other notable delivery in February will be GECAS' 1st 787 which they will lease to first time operator Suparna Airlines which is owned by Hainan.

Production rate of the 787 is the big story for the program in 2019.  Boeing is now working towards increasing the production rate from 12/month to 14/month.  However, there is evidence that Boeing is already at 14 as Boeing began final assembly on 14 787s during January.  They rolled out 13 787s during the same period but this is only one month and the first month back after the Holiday season.  February production rates are usually lower because it's a shorter month but if we see 13 to 14 Dreamliner roll outs during February and 14 in March then we can be comfortable that Boeing is at 14/month in terms of production rate.  Again I do believe that Boeing will start delivering at 14/month around late March to early April.  Boeing, during its 4th quarter conference call to discuss its financial results reiterated that the 787 production increase to 14/month should "complete the transition in the second quarter." 

In the coming month I expect that will see EgyptAir's 1st 787 to be rolled out as well as Korean Air's final 787-9 that is on order.

While we won't know about Boeing's order intake for January for another week, it's a potential order lose that made news this past week.  Jon Ostrower broke news that Emirates' non-finalized order for 40 787-10 is at risk as the airline is rethinking its growth strategy.  The current order for the 777X will remain  but Airbus may lose all or part of the remaining A380 orders in favor of the A330NEO. Thus it appears that Emirates may switch out the 787-10 for the A330NEO.  It's been 15 months since Boeing And Emirates announced the LoI order at the Dubai Air Show in November 2017. Since then the expect final deal never materialized during 2018.  This would be a big blow to Boeing to place the 787 a all three major Gulf carriers.  As of January 31st, 2019, Boeing order book still stands at 1,403 787 with 789 delivered.

For up to date data concerning the 787 program including orders and deliveries please view my 787 spreadsheets by clicking the link below:

787 Spreadsheets