Starrion From United States of America, joined Jul 2003, 1153 posts, RR: 2 Posted (10 years 11 months 2 weeks 6 days 20 hours ago) and read 3139 times:
Currently Boeing is poised to have their best sales year ever. If (big IF) they close all their currently announced orders by December, they need about a 120 orders to surpass their all-time record. Given that there are a number of big potential orders in the queue (QF, SQ, NZ taking options) plus a raft of 777LRF orders, and the potential for 747-adv orders, it looks like there is a stong likelyhood of Boeing pulling this off.
So what were the biggest causes of this enormous turnabout from last year?
- Sales staff changes? (If that's the case Boeing investors should hunt down and hang the old sales team)
- The 787?
- The weak dollar?
Please keep in mind this is about Boeing. The changes they have made and what is the root of their success this year. Other manufacturers are not relevant to this discussion.
ER757 From Cayman Islands, joined May 2005, 3087 posts, RR: 7
Reply 2, posted (10 years 11 months 2 weeks 6 days 20 hours ago) and read 3100 times:
It would appear that the new sales approach is a big factor in their turnaround. Certainly the fact that the 787 caught on in a big way is influential.
The way they are packaging the 777/787 combo is a great sales tool.
As for "best year ever" I think that would depend on whether they can sustain the pace - will the 787 continue to be a hot seller or is everyone who is going to be on board in the near future already ordered? Will the 747Adv finally get the greenlight, or will it die on the vine? What is in the pipeline as far as 737 orders? I wish them continued success.
Dhefty From United States of America, joined May 2005, 599 posts, RR: 3
Reply 4, posted (10 years 11 months 2 weeks 6 days 18 hours ago) and read 3016 times:
This has been an absolutely amazing year for Boeing, and it is possible that they could set an all-time sales record. Consider the following:
o 1990 - most B747 orders in one year = 122
o 1989 - most B767 orders in one year = 97
o 2000 - most B777 orders in one year = 116
o 1996 - most B737 orders in one year = 400
o 1989 - most B757 orders in one year = 166
o 1996 - most total orders (excluding MDD) = 670
With 210 orders and commitments for the B787 this year, they have smashed any previous wide-body total by a wide margin, and the year is only half over!
In the single-aisle market, Boeing has booked 189 firm orders and they have commitments for at least 150 for a total of nearly 340. They only need 60 more B737's to equal or exceed their all-time high of 400 in 1996.
It looks like Boeing could exceed 700 this year. Maybe 800!