3-May-2010 11:43 AM

UBS estimates airlines have over-ordered 760 aircraft

UBS released a report stating that top customers of Airbus and Boeing "appear to have over-ordered", particularly for the B787 and A350 twin-engine widebodies, even assuming high levels of growth in the future (Daily Post, 30-Apr-2010). The report found the top 100 customers accounted for approximately 70% of the manufacturers’ combined order backlog of approximately 6,800 aircraft. UBS believes airlines have over-ordered 275 B787s and 250 A350s, while 83 A330s and 152 A320s have also been over-ordered, which could lead to carriers deferring or cancelling orders.