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Fri, Jun 10, 2016

Boeing Still Besting Airbus In Overall Orders

But Airbus Is Closing The Gap On Market Share

Boeing is still the leader in overall orders for airliners, but rival Airbus is closing the gap, according to recent reports.

According to Reuters, Airbus took orders for 83 aircraft in May, but remains behind Boeing for overall orders for the year. At the same time, Airbus narrowed the market share gap, albeit slightly, by getting 38 percent of the net orders for airliners for the first five months of the calendar year.

Among the orders for Airbus airplanes is one for 60 of its new engine option single-aisle airplanes from an undisclosed customer. The total number of net Airbus orders after adjusting for cancellations is 162.

Boeing's order book is more robust, with 234 net orders received in the five-month period, according to the report.

Airbus has targeted 650 deliveries this year, and said last week that it is still confident it will meet both its order and delivery targets despite a slow start to the year for both the A350 and A320neo models.

(Image from file)

FMI: www.airbus.com

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