Friday, September 5, 2014

Boeing, Airbus both top 1,000 orders

Airbus and Boeing both topped 1,000 new jet orders in the first eight months of the year, but Boeing is far ahead after adjusting for cancellations. Boeing also has delivered more planes this year. The planemaking subsidiary of Airbus Group sold 21 aircraft in August, a traditionally quiet month following the Farnborough Airshow in July, bringing its total gross orders for the year to 1,001 aircraft. Boeing Co. booked 107 orders in the same month, bringing total gross orders for the year to 1,004. Adjusting for cancellations, Airbus reported 722 net orders between January and August compared to 941 net orders for Boeing from Jan. 1 to Sept. 2 after accounting for 63 cancellations. (Source: Reuters, 09/04/14) Gulf Coast note: Both companies have operations in the I-10 aerospace region, including an Airbus A320 final assembly line being built in Mobile, Ala.