Airbus flies past Boeing in the race for new orders last year
Print Edition
EUROPEAN planemaker Airbus beat Boeing in the race for new business last year, swelling its total order book to a record US$1 trillion, but remained behind on deliveries as Boeing extended its lead as the world’s largest jetmaker.
The planemaking division of Airbus Group grabbed 1,036 net plane orders after cancelations, it said yesterday, down 29 percent from 2014, against Boeing’s tally of 768, down 46 percent.
Both firms experienced a slowdown after two years of heavy orders, and amid concerns over the impact of economic jitters and low oil prices on demand for fuel-saving jets.
Despite that, deliveries of popular models grew, reflecting industry forecasts of persistent growth in traffic.
Airbus hit a company record of 635 deliveries and predicted over 650 in 2016, with new orders again exceeding deliveries.
Boeing said last week that its deliveries rose 5 percent to 762 jets, an industry record.
Combined deliveries came in just below 1,400, having doubled in the past decade, and Airbus planemaking chief Fabrice Bregier said the latest data showed the market was “resilient.”
Airlines “do not expect oil prices to stay low forever,” he said.
However, Airbus dropped to its lowest overall share of deliveries against Boeing — 45 percent — since 2002, and its lowest share of wide-body deliveries — 35 percent — since 2001, after its rival pumped up deliveries of its 787 Dreamliner.
Airbus expects to close the gap with its competing A350, but deliveries have started gently due to industry-wide cabin supply problems and the European firm’s determination to avoid a repeat of industrial problems that beset Boeing’s 787 and its own A380.
Airbus argued deliveries were about the same as Boeing’s, ignoring different timing between gains in production of the latest generation of lightweight jets.
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