The Biz Buzz

Get the most up-to-date news, insights and analysis of Tacoma, Pierce County and South Puget Sound business.

NOTICE: The Biz Buzz has moved.

With the launch of our new website, we've moved The Biz Buzz.
Visit the new section.

Air show week tally: Boeing’s the big winner

Post by John Gillie / The News Tribune on July 13, 2012 at 9:12 am |
July 13, 2012 9:13 am

Though the two big planemakers claim they don’t worry about such matters, the informal order and commitment race for new airliners during the Farnborough Air Show week easily went to Boeing.

Here’s the final tally:

Boeing: 228 firm orders, 145 commitments. Total value at list prices: $36 billion. All of Boeing’s air show week sales and commitments were for its 737 aircraft either in the present Next Generation form or in the 737 Max upgrade.

Airbus: The European manufacturer reported 61 commitments and 54 orders. Total worth at list prices: $16.9 billion. Airbus order activity was for a combination of wide-bodied and single-aisle planes including a new order from Cathay Pacific for its A350XWB-1000 model.

The usual order frenzy was down considerably from last year’s Paris Air Show where Airbus left Boeing in the dust with new orders for its A320neo, a plane for which Boeing then had no rival. Since then, Boeing has fielded the upgraded 737 Max aircraft.

The pace of orders is down considerably for both manufacturers because of a slowing global economy and because both planemakers are so backlogged with existing orders that airlines seeking new aircraft now face a five- or six-year wait until the planes ordered today can be delivered.

The News Tribune now uses Facebook commenting on selected blogs. See editor's column for more details. Commenters are expected to abide by terms of service for Facebook as well as commenting rules for Report violators to