this post was submitted on 12 Jun 2024
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[–] Buffalox 45 points 6 months ago (4 children)

Despite the recent slow sales, Boeing still has a huge backlog of over 5,600 orders

I wonder what those orders are? They could be mainly orders for extra bolts.

[–] [email protected] 57 points 6 months ago (2 children)

Not sure if this is serious. Boeing and Airbus are booked with orders for the next several years. They both could not get a single new order and would have work to do for the next half decade.

[–] Hildegarde 30 points 6 months ago (1 children)

Several years is an understatement. At current rates of production it will take at least 14 years to fulfill all orders.

[–] [email protected] 6 points 6 months ago

TIL me & the boys should be building sky birds

[–] cm0002 20 points 6 months ago (2 children)

for extra bolts.

Extra self sealing stem bolts probably

[–] PlasticExistence 13 points 6 months ago (1 children)

I would trust the Ferengi more than Boeing executives at this point.

[–] TheGrandNagus 13 points 6 months ago

And so you should. Our products are of the highest quality.

[–] [email protected] 6 points 6 months ago

100 gross of self sealing stem bolts!

[–] Hildegarde 7 points 6 months ago (1 children)

Those are orders for the 737. Not parts, newly constructed aircraft. Airbus's similary sized A320 has a backlog of 7197 according to wikipedia.

[–] [email protected] 1 points 6 months ago

I know actually building a plane is hard, but this is crazy. They are bigger, but still not dissimilar from 60s aviation. I know that safety standards are strict (not for Boeing apparently though), but still - what, nobody else can satisfy the demand for passenger airplanes?

Passenger planes being built mostly by Boeing and Airbus, consumer chips being produced mostly by TSMC, this is a very strange outcome really. As if the average human thought monopoly is good for them.

[–] bulwark 5 points 6 months ago (1 children)

Boeing is the industry in the military-industrial-complex. Commercial jetliners are an ancillary product for them.

[–] CaptainPedantic 19 points 6 months ago

No, their airlines are not an ancillary product. They are their main product. According to Boeing's earnings reports, the commercial aircraft segment of the company made up 56% of total revenue in 2018, 42% in 2019, 27% in 2020, 30% in 2021, 38% in 2022, and 43% in 2023. The rest of their revenue is split between the Defense, Space and Security segment, and the Global Services segment.

Prior to 2017, the vast majority of the earnings for the whole company came from the Commercial Airplanes segment. Since then, that segment has been operating at a loss. Since 2022, both Defense and Commercial Airplanes have been operating at a loss.

If you're curious you can look up Boeing's 10-k form. Page 56 has the revenue breakdowns.