A lot has been written lately about the production bridge between the 777 and the 777X. In fact, it was one of the top questions I got during the Farnborough Airshow.
We’re making great progress—as witnessed by this week’s website roll that included 10 more orders for the 777-300ER from unidentified customers. Including freighters, that brings us to 39 orders and commitments this year for today’s 777.
Here’s the way I look at it. We have six years before the 777X is delivered. We already have three years worth of 777 orders in our backlog. So bottom line, we have three years of production to fill—and six years to do it.
We’re sold out on 777s through 2015—and 2016 is looking good. There’s also a lot of activity in the order pipeline that should solidify things for 2017 and 2018.
There’s no question the production bridge is a challenge. But with the value proposition the 777 brings our customers, we’re confident we’ll get there.