Airbus and Boeing expect turbulence in 2017

Airbus and Boeing are bracing themselves for a challenging 2017 after struggling to reach sales targets in the past year. Later this month the two companies will reveal the final tally for last year’s orders and deliveries, but both look set to fall short of their goal of achieving a book to bill of about one — essentially replacing almost every aircraft delivery with a new order. This would be the first time since 2009 that either aircraft maker has fallen below the threshold of one. Neither company is including the recent multibillion-dollar orders from IranAir as firm sales, although contracts were signed in mid-December. By December 20, Boeing had 470 orders net of cancellations, against expected deliveries of about 750 aircraft. Airbus had net orders of 410 at the end of November. <br/>
Financial Times
https://www.ft.com/content/73d3f166-d0d4-11e6-9341-7393bb2e1b51
1/2/17