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Boeing Orders Announced On 31st December

Tue Dec 26, 2006 3:38 pm

Each year Boeing seem to announce several orders on the very last day(s) of the year. They and their customers must, I guess, be working to an end-of-year deadline whereby the negotiated terms expire at midnight on 31st December.

2005
31st December - 21 orders from 5 customers
30th December - 78 orders from 4 customers
29th December - 25 orders from 2 customers

2004
31st December - 4 orders from 1 customer
29th December - 16 orders from 4 customers

2003
(nothing after 23rd December)

2002
31st December - 19 orders from 3 customers

2001
31st December - 37 orders from 5 customers
(in 2001 EVERY Boeing order in December was announced on the 31st)

My point? None, really. It just seems interesting.
 
zvezda
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RE: Boeing Orders Announced On 31st December

Tue Dec 26, 2006 4:14 pm

For those of us who like to see new orders, now is an exciting time with respect to both manufacturers. We can expect to see Boeing announce a lot of new orders at the beginning of January and Airbus a few weeks later. It seems very likely that Boeing will exceed last year's order count, though the dollar value (much more important, of course) will probably be lower.
 
LHRSpotter
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RE: Boeing Orders Announced On 31st December

Wed Dec 27, 2006 2:16 am

I am sure they have targets to meet and getting a couple (or 20!) last minute orders is always welcome. I am also thinking that in order to have the highest possible number of orders before the end of each calendar year they probably announce several orders before they are fully finalised rather than wait for final confirmation. Just a guess though...
 
beech19
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RE: Boeing Orders Announced On 31st December

Wed Dec 27, 2006 2:26 am

Quoting LHRspotter (Reply 5):
I am also thinking that in order to have the highest possible number of orders before the end of each calendar year they probably announce several orders before they are fully finalised rather than wait for final confirmation.

Uh no... Boeing does not do this. The most you would see out of Boeing on something like this is IF the airline wanted to make it public that they were intending on purchasing is a quick press release saying "we are excited for (enter airlines name) decision to purchase the (enter airliners model) after lengthy negotiations. We cannot make any other comments at this time. blah blah blah."

Look up the Boeing news section, you will see a few...

Boeing does not announce anything unless the CUSTOMER asks them too.
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JayinKitsap
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RE: Boeing Orders Announced On 31st December

Wed Dec 27, 2006 2:26 am

For Boeing, putting an incomplete order on their books faces some stiff punishment from the likes of the SEC and also lawsuits. Boeing has to be on "its best behavior" still from the ethics issues that surfaced on the military side. It is possible that a promissory note from a financial firm might replace a cash downpayment for a few weeks, but anything more would be unlikely.

For Airbus, as it was a closely held firm (EADS and BAE) and under european laws vs US laws, it seems it has more leeway. However, as Airbus is now only owned by EADS I would think that Airbus now needs to comply in the same manner that the publically held EADS does.
 
boeingfever777
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RE: Boeing Orders Announced On 31st December

Wed Dec 27, 2006 12:12 pm

I'm sure they will do so this year as well... But it will only identify a few UFO customers. Nothing major or shocking... leave that to 2007. Big grin
Faire du ciel le plus bel endroit de la terre.
 
beech19
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RE: Boeing Orders Announced On 31st December

Wed Dec 27, 2006 1:37 pm

Quoting BoeingFever777 (Reply 5):
I'm sure they will do so this year as well... But it will only identify a few UFO customers. Nothing major or shocking... leave that to 2007.

Yes... 2007 will have some smiles in tow for the 787... *cough cough*
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BoomBoom
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RE: Boeing Orders Announced On 31st December

Fri Dec 29, 2006 3:58 am

Well, it's already Thursday December 28, in Seattle and December 29th on the other side of the International Date Line.

These orders better start to materialize FAST!
Our eyes are open, our eyes are open--wide, wide, wide...
 
beech19
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RE: Boeing Orders Announced On 31st December

Fri Dec 29, 2006 4:22 am

Quoting BoomBoom (Reply 7):
These orders better start to materialize FAST!

Especially since the 29th is the last "business day" of 2006. Not to say that will stop them from working Sat and Sun.  Wink
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RE: Boeing Orders Announced On 31st December

Fri Jan 05, 2007 2:54 pm

Boeing orders announced on 31st December 2006

14 orders (all 737-800s) from 3 customers.
29th December: 10 orders from 1 customer
28th December: 31 orders from 3 customers
 
NAV20
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RE: Boeing Orders Announced On 31st December

Fri Jan 05, 2007 3:27 pm

There's a very simple reason for the annual 'Christmas rush' - 31st. December is the end of the financial year for both Boeing and Airbus, and presumably for many airlines too.

Conveniently, Boeing's traditional Thursday order update fell on 31st. December this year - so the full position is already detailed on Boeing's webiste. 1,040 net orders, of which 175 are 'UFOs.' The highlights are no less than 729 X 737s, 157 X 787s, 76 X 777s, and 72 X 747s.

http://active.boeing.com/commercial/orders/

Apart from the sheer number of orders, I wouldn't think that Boeing have ever before seen such an even spread of orders across their whole range of primary types? All in all, a stellar year; and a hard-earned one.
"Once you have flown, you will walk the earth with your eyes turned skywards.." - Leonardo da Vinci
 
manni
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RE: Boeing Orders Announced On 31st December

Fri Jan 05, 2007 3:34 pm

Quoting NAV20 (Reply 10):


Conveniently, Boeing's traditional Thursday order update fell on 31st. December this year

 confused 

Here in South Korea we celebrated New Year on monday, making sunday december the 31st.
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NAV20
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RE: Boeing Orders Announced On 31st December

Fri Jan 05, 2007 6:45 pm

They update it on Thursdays, correct to the previous weekend, Manni.

I hope that you found the figures impressive also? Especially the large numbers of widebodies and jumbos?  Smile
"Once you have flown, you will walk the earth with your eyes turned skywards.." - Leonardo da Vinci
 
manni
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RE: Boeing Orders Announced On 31st December

Fri Jan 05, 2007 8:24 pm

Quoting NAV20 (Reply 12):
They update it on Thursdays, correct to the previous weekend, Manni.

Is that true? So orders placed on monday are not included in the same weeks update?

Quoting NAV20 (Reply 12):
I hope that you found the figures impressive also? Especially the large numbers of widebodies and jumbos?

Very impressive, but they should have gone for an additional 8 737s. I'm pleased to see a healthy Airbus competitor. Just a reminder... I've never said something along the lines that they wouldn't score a nice amount of orders, altough I wouldn't have put a dollar on more than 1000 orders if you'd asked me at the beginning of 2006. I do seem to remember someone who predicted no more orders for their competitor, somewhere halfway 2006...  footinmouth 
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zvezda
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RE: Boeing Orders Announced On 31st December

Fri Jan 05, 2007 8:30 pm

Quoting Manni (Reply 13):
Is that true? So orders placed on monday are not included in the same weeks update?

I believe you're correct Manni. Each Thursday's report is for the prior Tuesday through Monday. The first report of each year is to the end of the prior year.

Of course, the number of orders is not very important. It is the value of those orders that is important. 100 A350s are far more valuable than 100 A320s.
 
leelaw
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RE: Boeing Orders Announced On 31st December

Fri Jan 05, 2007 8:35 pm

Lex Ancilla Justitiae
 
zvezda
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RE: Boeing Orders Announced On 31st December

Fri Jan 05, 2007 11:27 pm

Obviously, looking at Leelaw's bar graph, 2006 was a great year for the 737 and 747. Not surprisingly, the 767 and 777 didn't do so well as they are nearing the end of their lives, with both being replaced (at least to an extent) by the 787. The only disappointment for Boeing is that the 787 didn't sell as well as they may have hoped. This might be explained by the long order backlog or it might be explained by competition from the A350.
 
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RE: Boeing Orders Announced On 31st December

Sat Jan 06, 2007 12:06 am

Quoting Zvezda (Reply 16):
The only disappointment for Boeing is that the 787 didn't sell as well as they may have hoped.

I think this has much to do with the fact that there are several open RFPs involving the 787, and that several major 787 candidates (AA, DL, etc.) have not yet pulled the trigger.

[Edited 2007-01-05 16:06:59]
When they call the roll in the Senate, the Senators do not know whether to answer 'Present' or 'Not guilty.' -Theodore Roosevelt
 
leelaw
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RE: Boeing Orders Announced On 31st December

Sat Jan 06, 2007 12:19 am

Quoting Zvezda (Reply 16):
The only disappointment for Boeing is that the 787 didn't sell as well as they may have hoped. This might be explained by the long order backlog or it might be explained by competition from the A350.

As of 12/31/06 announced "orders and commitments" stand at 471 aircraft, with a firm order backlog of 448 aircraft.
Lex Ancilla Justitiae

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