Boeing vs Airbus: US airliner finishes far behind European rival in 2021 despite doubling sales

Boeing, world’s largest plane maker finished far behind its European rival Airbus in deliveries of new aircraft in 2021.

Boeing vs Airbus: US airliner finishes far behind European rival in 2021 despite doubling sales
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Boeing delivered 38 commercial planes in December 2021 and a total of 340 planes in 2021, nearly double the total in 2020. Boeing finished 2021 far behind European rival Airbus in deliveries of new aircraft. However, sales bounced back after two dismal years caused by the 737 Max crashes and the pandemic.

Meanwhile, Airbus reported that it made 611 deliveries in 2021, topping Boeing for a third straight year. As per sources, Boeing was hindered by production flaws that prevented shipments of its 787 Dreamliner for most of 2021.

Deliveries are bigger than bragging rights. They are an important source of cash for the companies because airlines typically pay a large portion of the purchase price when they take possession of a new plane.

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Boeing also said that orders jumped to their highest level since 2018 before the grounding of the 737 Max and the pandemic caused sales to plummet for two years. The Chicago company reported landing orders for 80 planes in December and 909 for the full year. After subtracting cancellations, however, Boeing posted 479 net orders, slightly behind the Airbus total of 507.

Boeing reported another 2021 figure of 535 orders by including 56 sales that it once considered unlikely to be completed but now views with more certainty.

However, a spokesman said some of those orders were placed in earlier years. “Boeing and Airbus backlogs are so big, airlines usually have to wait several years to get all the planes they order,” he said.

There is no question that the competition between the world's two big aircraft manufacturers has heated after being lopsided in Airbus favour for a time. Boeing scored a coup last week when it landed a big order from Allegiant Air, which currently has an all-Airbus fleet.

Last month, it was noted that Airbus was raiding Boeing customers by winning commitments for new orders from Air France-KLM and Australia's Qantas. The accelerating pace of orders at both companies indicates that airlines are confident of strong demand and believe that the pandemic will subside and passengers will resume flying.

Neither Boeing nor Airbus gave any insight into how current orders and deliveries will affect their bottom lines. Boeing will report 2021 financial results on January 26, 2022.

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