Friday, January 13, 2012

Two rivals have record year

Boeing and Airbus had a record year for aircraft deliveries in 2011, with combined deliveries totaling more than 1,000 jets for the first time. The latest orders included confirmation of a 44-plane Airbus deal from Mexican low-cost carrier Volaris and an order for 10 Boeing 787 Dreamliners from an unidentified buyer. The two rivals increased deliveries to airlines by around 3 percent versus 2010, and have set out plans for record production of short-haul passenger jets to meet demand from emerging markets. (Source: Reuters, 01/12/12) Previous post on expected growthGulf Coast note: Boeing and Airbus both have operations in the region.