Airbus had record deliveries in 2014, sees big orders: source

Tue Jan 6, 2015 10:42am EST
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By Tim Hepher

PARIS (Reuters) - Airbus increased its deliveries in 2014, setting a new company record, a source at the European planemaker said on Tuesday.

The Airbus Group (AIR.PA: Quote) subsidiary beat its 2013 peak of 626 deliveries but is expected to remain behind rival Boeing (BA.N: Quote), which is due to issue annual data later on Tuesday.

The source also said the European company is expecting "one of the best years ever for Airbus" in orders, but it remained unclear whether this would be enough to close a gap with Boeing on winning new business in the first 11 months of the year.

In 2013, Airbus won a record of 1,503 net orders after adjusting for cancellations, but lagged on deliveries.

An Airbus spokesman declined to comment on orders or deliveries ahead of an annual news conference on Jan 13.

Airbus is officially targeting "about the same" level of deliveries as in 2013 and is already guaranteed to reach its other objective of winning net orders that exceed deliveries.

Boeing is targeting 715 to 725 deliveries and is expected to remain ahead of Airbus in deliveries for the third year running after resolving earlier delays to its 787 Dreamliner.

Airbus delivered the first of its competing A350 jets last month and is expected to increase output sharply by 2018.   Continued...

An Airbus-380, with a capacity of 853 passengers, displays signage from the airlines that fly the aircraft while sitting on the tarmac at Wittman Field site of the Experimental Aircraft Association Convention in Oshkosh, Wisconsin July 28, 2009.         REUTERS/Allen Fredrickson