Daily Management Review

Airbus Beat Boeing by Orders


01/12/2016


Today, the European manufacturer Airbus aired number of aircraft ordered and delivered during the last year. It looks like Airbus significantly beats its rival Boeing in number of orders - 1036 against 768.



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Number of aircraft orders in both manufacturers decreased in comparison with the record year of 2014. In 2015, the industry’s debt has become record by the whole number of aircraft delivered - it reached 6,787 aircraft worth $ 996.3 billion.

According to a Tuesday report for 2015, the European aircraft manufacturer Airbus’ last year performance beats its US rival Boeing in the number of aircraft ordered. Airbus has received orders for 1,036 aircraft (this is 29% less than in 2014), while Boeing - only 768 aircraft (46% down). Both companies are experiencing some decline in orders, after two very productive years. 2014 became record for both Airbus and Boeing in terms of number of orders. Airbus has received 1796 orders, and its American competitor - 1 550. The total cost of orders received by Airbus last year - $ 153.8 billion.

Number of aircraft delivered by Airbus slightly increased compared to the year 2014 - 635 against 629 - a record for the company. Earlier last week, Boeing announced that its shipments grew in 2015 by 5%, to 762 aircraft, a record for the industry. Share of Airbus aircraft in whole number delivered during the year fell last year to its lowest level since 2002 - 45%. Both Airbus, and Boeing are increasingly lagging behind in terms of supply - to the end of 2015, the outstanding balance for the supply of aircraft in the industry as a whole has reached a record high of 6,787 aircraft worth $ 996.3 billion. As the CEO of Airbus Fabrice Bregier put it: "These indicators show that demand in the world for our aircraft remains steady. In 2015, Airbus also laid a solid foundation for the future, expanding opportunities and the range of aircraft that we can offer to our customers."

source: bloomberg.com






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