Premium #307: 2016 In-Review

The past year has been eventful for aviation.  The A320neo and CSeries entered service, along with the Pratt & Whitney GTF engine.  Several other models made their first flights, and new aircraft deals were made with Iran for about $40 billion in new aircraft.  Overall, the industry had a down year in orders, breaking a 12 year growth super-cycle.  While backlogs are still strong, the book to billed ratio has fallen short of 1 in the second half of the year, and is expected to weaken in 2017.

Chronologically, here are some of the interesting events that occurred during the year.