Mid Year Review, Airbus takes lead over Boeing in 2019 aircraft deliveries



In what that can be described as somewhat expected, the mid year review of Aircraft deliveries shows Airbus having more deliveries than Boeing in the period under review.

Deliveries by Boeing airliners tumbled -37% in the first half of 2019 as the company struggled to fix its best-selling plane after two deadly crashes, and Europe’s Airbus surged far ahead in the competition between the world’s leading aircraft manufacturers.

Airbus said that it delivered 389 planes in the first half, up 28% from 303 in comparison to 2018. Shipments were strong for its more fuel-efficient A320neo family of planes.

Boeing on the other hand reported it delivered 239 planes in the first half of 2019, down from 378 in the same period last year.
The drop-off has accelerated during the year, with the second quarter being worse than the first.

Deliveries of Boeing 737s, a work horse for short and medium-length flights, dropped to just 24 in the second quarter, down from 89 in the first quarter and 137 in the second quarter of 2018.

Airlines had been snapping up Boeing’s fuel-efficient 737 Max, which competes with the Airbus neo.
But the Max has been grounded worldwide for nearly four months, since the second of two crashes that together killed 346 people. Boeing suspended Max deliveries in March but continues to ship an older 737 model called the NG.

For the third straight month, Boeing indicated that it received no new Max orders in June. However, the parent company of British Airways said last month that it intends to buy 200 — a move seen as a show of support for the troubled plane. Boeing didn’t count those as orders because the deal is not yet finalised.

Tuesday’s twin reports came a day after Saudi budget airline flyadeal reversed its earlier intention to order 30 Max jets from Boeing and instead put in an order for 30 A320neo jets and took options on 20 more. A move seen as a major blow to Boeing.

The deal with Airbus is worth $5.5 billion at list prices, although discounts are common.Flyadeal, part of Saudi Arabian Airlines Corporation has an all-Airbus fleet.

Boeing is scheduled to report second-quarter financial results on July 24.

Aviation Roundtable will keep you updated as soon as the Financial result report is made available.

Comments

Popular posts from this blog

AMERICAN TO LAUNCH FIRST SERVICE TO BRISBANE

An Argentinian Low-Cost Carrier Has Become the First Airline in the World to Allow Passengers to Resell Their Tickets.

Etihad Airways and Turkish Airlines Extend Codeshare Agreement to Unlock African Destinations.