Manufacturers Backlog
Investors are paying close attention to the Airbus and Boeing backlogs, with particular attention being paid to their vulnerability. A few months ago we had stated that there was potential for as many as 200 white tails to be produced throughout the duration of the downturn, largely depending on how bad it gets and how long it lasts. In fact, we weren’t the only ones saying this. That said I thought it would be useful to highlight some of other the key dynamics of the two biggest manufacturers backlogs that could also factor into the “white tails” equation.