And one more, courtesy of our data team. Boeing reported Emirates cancelling 16 777xs and ordering 16 777s last month, but it was no routine skyline re-shuffle. Turns out it cancelled 777-8s and replaced them with 777-9s. That leaves Etihad as the lone identified 777-8 customer.
Boeing every month updates its website data for gross orders, cancellations and orders classified under an accounting rule called ASC 606. ASC 606 means orders are “iffy” for contractual or financial reasons with the customer.
ASC 606-classified order adjustments are excluded from the gross/net tally, Boeing tells me. In other words, for purposes of the tallies, the ASC 606 orders remain included in the gross numbers. They’re still orders at this stage, even if iffy. Airbus, operating under European accounting rules, doesn’t have to identify its iffy orders;
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