Boe­ing flies past ri­val Air­bus with 2018 air­craft de­liv­er­ies

The Nation - - WORLD BUSINESS -

BOE­ING RE­PORTED record com­mer­cial plane de­liv­er­ies for the sec­ond straight year and al­though short of the com­pany’s fore­cast the fig­ures still beat those of Boe­ing’s Euro­pean ri­val Air­bus.

The US aero­space gi­ant, which has cap­i­talised on ris­ing global de­mand for air travel, re­ported de­liv­er­ies of 806 planes for the year, up from 763 in 2017. The big­gest share came from the sin­gle-aisle 737, with 580 planes.

In Oc­to­ber, Boe­ing had fore­cast an­nual plane de­liv­er­ies of be­tween 810 and 815.

Euro­pean air­bus gi­ant Air­bus mean­while said it had de­liv­ered 800 com­mer­cial air­craft last year, in line with its tar­get and also a record for the com­pany. This com­pares with the 718 de­liv­er­ies Air­bus re­ported for 2017.

The Air­bus 2018 de­liv­ery num­ber was still sub­ject to fi­nal au­dit­ing, the com­pany said.

Air­craft de­liv­er­ies are a more telling in­di­ca­tor of sales than or­ders, as planes are typ­i­cally paid for on de­liv­ery.

“Boe­ing raised the bar again in 2018 thanks to our team­mates’ in­cred­i­ble fo­cus on meet­ing cus­tomer com­mit­ments and con­tin­u­ously im­prov­ing qual­ity and pro­duc­tiv­ity,” said Boe­ing Com­mer­cial Air­planes pres­i­dent Kevin McAl­lis­ter.

“In a dy­namic year, our pro­duc­tion dis­ci­pline and our sup­plier part­ners helped us build and de­liver more air­planes than ever be­fore to sat­isfy the strong de­mand for air travel across the globe.”

Boe­ing re­ported 893 net or­ders for 2018 val­ued at $143.6 bil­lion (Bt4.56 tril­lion) by list prices. With the

lat­est or­ders, the com­pany said it had a seven-year or­der back­log.

The com­pany high­lighted Hawai­ian Air­lines had switched from Air­bus to Boe­ing and iden­ti­fied Turk­ish Air­lines as a new cus­tomer.

It also boosted busi­ness with Amer­i­can Air­lines and United Air­lines.

“An­other year of healthy jet or­ders con­tin­ues to sup­port our long-term fore­cast for ro­bust global de­mand that will see the com­mer­cial air­plane fleet dou­ble in 20 years,” said Ihssane Mounir, se­nior vice pres­i­dent of com­mer­cial sales and mar­ket­ing.

An ANA Boe­ing 787-9 air­craft. US aero­space gi­ant Boe­ing, which has cap­i­talised on ris­ing global de­mand for air travel, re­ported de­liv­er­ies of 806 planes for the year, up from 763 in 2017. The big­gest share came from the sin­gle-aisle 737, with 580 planes.

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