Airbus maintains lead over Boeing in deliveries, lags on orders



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Airbus maintains lead over Boeing in deliveries, lags on orders

Airbus SE, the Leiden, Netherlands-headquartered European flagship planemaker that had been crowned the world’s No 1 aircraft carrier manufacturer back in the 2019s following a mass-grounding of rival Boeing Co’s best-selling 737 MAX, had issued a statement on Tuesday saying that it had delivered 40 jets in August, bringing supplies of its new jets to 384 this year while remaining largely en-route to meet its annual goal of 600 deliveries, which in effect would help cement the European planemaker’s stance as the world’s largest aircraft manufacturer.

On top of that, Airbus SE data released earlier in the day had revealed that the European planemaker, which has long been a centrepiece of a US-EU dispute over aircraft subsidiaries and had prompted the WTO (World Trade Organization) last year to offer a verdict to incline new tariffs on each other’s goods, had sold 132 aircrafts over first eight months of 2021 excluding order cancellations, while fresh sales accounted for 28 narrow-body aircrafts to Latam Airlines, however, Latam Airlines also had annulled orders for two A350-1000 wide-body jets.

Airbus SE maintains lead over Boeing on deliveries

Aside from that, in terms of deliveries which happen to be a core revenue-source for aircraft manufacturers, Airbus Se remained markedly ahead of its US-based rival Boeing Co., which has still been clearing a hatful of backlogs for undelivered jets following a near two-year ban on its best-selling 737 MAX.

Nonetheless, a pandemic-led crisis in aviation industry stemming a cascade of cancellation in orders had kept Boeing ahead of Airbus when it came to orders. As of end-July, Boeing Co had sold 270 aircrafts excluding cancellations, while Boeing’s 737 MAX orders had hit 524, more than a two-fold of Airbus SE’s tally of 234 A320-family jets over first eight months of the year through August.

Followed by the report, shares’ prices of Boeing Co had wrapped up the day just an inch shy of 2.0 per cent lower to $214.10 apiece after tumbling more than 2.5 per cent in early-morning US trading hours.