Tuesday, August 5, 2014

Latest in Airbus/Boeing orders

Airbus overtook Boeing in unadjusted aircraft orders for 2014 after last month's Farnborough Airshow, but continued to lag when taking into account cancellations, company data showed on Monday. Airbus won 980 aircraft orders between January and July, and said it had 705 net orders, beating its newly introduced net order target for the year. Airbus has said its haul of orders at Farnborough marked its best ever performance at the UK's biennial aerospace event. Boeing reported 837 gross orders and 783 net sales after cancellations between Jan. 1 and July 29. (Source: Reuters, 08/04/14) Gulf Coast note: Airbus is building an A320 final assembly line in Mobile, Ala.