Pilot_151

Order Backlogs Are Overrated on Wall Street

You need to cover another industry as you really don't understand this one. There are soft orders and then there are firm orders. Soft orders are just that and can be cancelled, whereas firm orders can't be cancelled without penalty. Furthermore, with the airline demand for backlog planes, Boeing and Airbus can shift others without even thinking about it. Watch this summer at the airshow and you will see another record year for the manufactures for more efficient models by the same airlines that are cancelling the existing less efficient models.