At the end of November, the commercial aircraft division of Airbus had taken net new orders for 2015 totaling 1,007 jets. Boeing Co. (NYSE: BA) said last week that it added a total of 166 net new orders to its November total, bringing its full-year 2015 total to 743. That’s a total of 1,750 net new orders in 2015, more than 1,000 fewer than the 2014 total of 2,888.
The good news is that total deliveries in 2015 are on track to set a new record of around 1,400 commercial jets. Boeing had set a target of 750 to 755 commercial plane deliveries for 2015 and should easily top that total, having delivered 705 through the end of November.
Airbus has struggled with deliveries in 2015 and has shipped out just 556 new planes. In order to meet its target of 630 deliveries, Airbus needs to roll out 74 new planes in December. That’s possible, but unlikely.
In addition to its delivery target, Boeing had set a target of maintaining at least a one-to-one book-to-bill ratio in 2015, and the company appears to be close to that, but could end up just a bit short.
[recirclink id=305586]
We noted earlier this month that Airbus had passed Boeing in net new orders for wide-body planes, a category that Boeing has traditionally dominated. New orders for the Airbus A330, A350 and A380 have pushed the European maker’s total for net new wide-body orders to 127, compared with 113 net new wide-body orders for Boeing’s 747, 777 and 787. Airbus’s share of the narrow-body market is nearly 70%.
Top Gaining Stocks
Top Losing Stocks