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April 12, 2016

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Airbus lags Boeing in first-quarter order race

EUROPE’S Airbus dropped behind US rival Boeing in the race for new airplane orders in the first quarter as it recorded its slowest start to the year since 2011.

Both orders and deliveries at the European planemaker dwindled.

The planemaking unit of Airbus Group did win a fresh boost for its struggling A380 superjumbo with two sales to an undisclosed customer.

But the impact on Airbus’s order book was dampened by the cancelation of two A380s by Reunion-based Air Austral.

Airbus said yesterday it had sold a gross total of 32 aircraft and delivered 125 in the first quarter, down 74 percent and 7 percent respectively compared with the same period of last year. After adjusting for cancelations, it posted 10 net orders — the lowest figure for the first quarter since 2011.

Boeing reported 140 gross orders between January 1 and April 5, or 122 after cancelations.




 

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