Airbus eyes 2015 win over Boeing as orders hit 1,000

Mon Dec 7, 2015 3:33pm EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

By Tim Hepher

PARIS (Reuters) - Airbus (AIR.PA: Quote) orders topped 1,000 aircraft between January and November, sending its shares higher as it looked all but certain to win its annual race against U.S. rival Boeing (BA.N: Quote) .

Boeing, however, remained in comfortable shape to retain its title as the world's largest jetliner producer as Europe's Airbus continued to lag on deliveries.

Shares in Airbus Group rose 2.8 percent, while Boeing edged 0.4 percent higher.

Airbus said on Monday that it had sold 169 aircraft in November, bringing the gross 2015 total to 1,079. After cancellations and model conversions, the net figure was 1,007.

That compares with Boeing's 655 gross orders between Jan. 1 and Dec. 2, giving it 568 after cancellations. Airbus handed over 556 aircraft in the first 11 months, including 10 mid-sized A350s and 24 A380 superjumbos.

Boeing remained ahead on 709 deliveries over the same period, but with some work left to meet its target of selling as many planes as it delivers this year.

Boeing has a target of 750 to 755 deliveries in 2015. Sales chief John Wojick said last month that it aimed to finish the year "close to" a book-to-bill ratio of 1, the threshold at which a manufacturer sells as many units as it produces.

Despite the share bounce, analysts said the latest data brought few surprises after a quiet Dubai Airshow last month.   Continued...

People are silhouetted past a logo of the Airbus Group during the Airbus annual news conference in Colomiers, near Toulouse January 13, 2015. REUTERS/Regis Duvignau