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Military

Boeing, Airbus Race for New Orders

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By Paul Ausick Updated Published
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Boeing 737-MAX-7-8-9 Artwork
courtesy Boeing Co.
In 2012, Boeing Co. (NYSE: BA) delivered 585 new airplanes to customers and took orders to build another 1,200. European competitor Airbus booked just 914 new orders in 2012. But the tables have turned so far in 2013.

Airbus announced today that net orders for the first quarter of the year totaled 410, while Boeing’s order book added just 191 net orders in the same period. Boeing’s total does not include the March order from Ryanair Holdings PLC (NASDAQ: RYAAY) for 175 new planes.

Boeing has not yet released its total deliveries for the first quarter, but the aircraft maker delivered 181 new planes in the first two months of the year. Airbus delivered just 144 in the first quarter.

Airbus plans to take new orders for 700 to 750 planes in 2013, while Boeing has said it plans to deliver 635 to 645 new planes in 2013. An apples-to-oranges comparison, obviously, but the two competitors do not often reveal exact comparisons. If Boeing can deliver, it will ship more planes than Airbus for the second year in a row.

Boeing’s remaining problem is the grounding of its 787 Dreamliner. The 787 is not critical to the company’s 2013 results, but the continuing damage to Boeing’s image does not do the company any good.

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About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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