Wednesday, September 16, 2015

787 deliveries in September set to slow down ahead of 3rd quarter end



787 deliveries look to slow down this month compared to the 13 airframes handed over in August.  So far in September, Boeing has delivered 3 787s and I project that there will be 7 to 8 more deliveries by month’s end.  Again the two 787-8 for Kenya Airways are sitting in storage this time in Everett to where they were recently ferried.  The windows and doors are sealed indicating a long period of storage.  It seems they won’t be going anywhere soon.  Another 787-8 for PrivatAir is also still waiting to be delivered but the reason for the delay is unknown while for Kenya Airways it’s the lack of financing to complete the purchase coupled with the closure of the Ex-Im Bank (thank you US Congress).  What is unknown is how many other future 787 deliveries may be impacted by Congress’ refusal to renew the bank’s charter and allow it to finance foreign purchases of US made products.

Notable deliveries this month include the first 787-9 to British Airways and Xiamen Airlines’ final 787-8.  United should also be receiving 2 787-9s and the recently unveiled Star Wars 787-9 for ANA will also be delivered by the end of the month.
Monthly 787 Deliveries by Model
Boeing is now just starting to deliver more 787-9s than 787-8.  In September, I expect that Boeing will deliver 6 787-9 and 4 to 5 787-8.  The 787-9 to 787-8 delivery ratio will only get larger as time wears on due to the large number of 787-8s already delivered without additional orders to increase the -8 order backlog.

Looking at future deliveries, one cannot help but notice that certain airlines will get a majority of their 787 fleet delivered in short order.  For example, British Airways will receive 16 of the 22 787-9 over the next 13 months starting this month.  American Airlines, who took it's first 787-8 in January 2015 will have 17 in its fleet by the end May 2016.  United took it's first 787-9 in September, 2014 and should have all 18 aircraft in their fleet by the end of June 2016 a period of 21 months.  Virgin Atlantic has 17 787-9 on order and has 7 in their fleet already.  They will have 13 aircraft by the end of June 2016 also a period of 21 months from the time they took first delivery.  Boeing large and important clients are taking on the new aircraft in significant quantities as they look to renew fleets, reduce fuel and maintenance costs, and supply a better product to their customers...despite 9 abreast seating.  Other airlines are in no rush, for example, Etihad has 41 787-9s on order and has taken delivery of 5 this year and will take another 5 next year.  A very slow process compared to British, American, United and Virgin.  Deliveries in 2017 will look very interesting but I can see Air France and KLM getting much of their fleets filled out during that time.

787 Full Production Table

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19 comments:

  1. Ztev KonradSeptember 16, 2015 at 6:47 PM

    As other 'foreign' airlines are taking delivery but not Kenya Airways, it cant be ExIm holding up delivery. It seems Kenya is in dire financial straights and no reputable financier will touch them, and ExIm shouldnt either.

    ReplyDelete
  2. 1coolguy1September 17, 2015 at 8:00 PM

    Uresh - In your chart you have a delivery line for the -10. Is that relevant when it is 2-3 years off from actual delivery? I suggest deleting that portion of the chart, as it seems somewhat confusing and certainly premature.

    ReplyDelete
  3. UnknownSeptember 18, 2015 at 3:37 AM

    It's a great chart Uresh. At current delivery rates it looks like the -10 will begin assembly in approximately 15 months. Anyone moderately familiar with the 787 program knows there are no -10s out there and should understand your chart is prepared for future -10 deliveries.

    ReplyDelete
  4. 1coolguy1September 18, 2015 at 4:25 PM

    Pat: Details, details - The latest delivery date for the -10 is listed as "2018". We are in 2015, so a graph including the -10 three (3) years in advance is not useful.
    My comment AND the graph concerned delivery, NOT assembly, which for some reason you refer to in your response of 15 months, making the comment irrelevant.

    ReplyDelete
  5. UreshSeptember 18, 2015 at 5:18 PM

    I'm keeping the -10 in the chart.

    ReplyDelete
  6. John N MitchellSeptember 18, 2015 at 5:34 PM

    I see no reason to remove the -10 from your graphs.
    For those who don't like it, you don't have to look at it.

    ReplyDelete
  7. GeoffSeptember 18, 2015 at 5:38 PM

    Thanks Uresh, Like the chart. I was able to figure out the 10's are not out yet.

    ReplyDelete
  8. UnknownSeptember 18, 2015 at 10:43 PM

    I like the graph as is, I think it one of the more interesting one Uresh has posted. Thank you for all of your hard work, I have really enjoyed following your blog!

    ReplyDelete
  9. UnknownSeptember 20, 2015 at 8:50 AM

    1NotCoolguy1, I believe you were first to whine about details. It 's impolite and unprofessional to whine about someone's hard work about such menial items especially in a forum such as this. Also, do yourself a favor and change your screen name.

    ReplyDelete
  10. NickSeptember 20, 2015 at 6:47 PM

    Hi Uresh, I'll echo the others in saying I like this chart too! I'm wondering if it would be possible to include a line for total deliveries (maybe without any shading beneath to keep things simple)?

    ReplyDelete
  11. UreshSeptember 20, 2015 at 6:51 PM

    That's already in work for the next post.

    ReplyDelete
  12. BrenndonSeptember 21, 2015 at 5:53 AM

    Enjoy this site and all the information and updates on the 787 lines.
    Any ideas when the Qantas order for the 9's will show up in the delivers by customer section ? Only the order for Qantas Jetstar 8's are listed

    ReplyDelete
  13. UreshSeptember 21, 2015 at 7:05 AM

    The order will show up when Qantas and Boeing have finalized it.

    ReplyDelete
  14. Vab AndleighSeptember 22, 2015 at 4:46 PM

    Here's an interesting article illustrating some of the many new routes being opened up with 787's

    http://airwaysnews.com/blog/2015/09/21/realizing-the-787-dream-new-routes-come-to-life-on-the-dreamliner/

    ReplyDelete
  15. DaveSeptember 26, 2015 at 3:10 PM

    Arke has returned on of its three dreamliners to TUI and TUI Travel are bow operating it under a new airline name of tui.com

    ReplyDelete
  16. BasilSeptember 30, 2015 at 6:08 AM

    Uresh...what has happened to Charlston of late? Has something stopped the line or similar?
    Thanks from Aus!

    ReplyDelete
  17. TravelerSeptember 30, 2015 at 6:12 PM

    Short article on Boeing and the consequences of the closing of the export bank:

    http://www.reuters.com/article/2015/09/30/us-boeing-comair-exim-idUSKCN0RU2DT20150930

    ReplyDelete
  18. JoshOctober 1, 2015 at 12:32 PM

    The Charleston line is still rolling and should be pushing quite a few planes out this month.

    ReplyDelete
  19. Vab AndleighOctober 1, 2015 at 3:21 PM

    this article contains a link to a 4 minute video of a British Airways 787-9 being built from start to finish

    http://www.theregister.co.uk/2015/10/01/dreamliner_time_lapse/

    ReplyDelete