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.

Boeing leading in both airliner orders and production

Post by John Gillie / The News Tribune on Oct. 9, 2012 at 1:04 pm |
October 9, 2012 1:16 pm

Boeing, frequently lagging behind its European rival Airbus in both airliner orders and deliveries over the last decade, has grabbed the lead in both standards through the first three quarter of 2012.

Boeing reports it booked orders for 962 airliners during the first nine months of this year compared with 437 for Airbus. Some airlines, however, canceled orders, leaving Boeing a net of 879 orders and Airbus with 382.

On the delivery side, Boeing handed over 436 planes and Airbus 405. Boeing has increased the production pace on all of its aircraft assembly lines and has begun more regular delivery of its newest aircraft, the 787 Dreamliner and the 747-8.

Boeing has built a big backlog of undelivered Dreamliners that need to be modified to meet updated specifications before they can be handed over to customers. The company just last week delivered its first 787 built in its new South Carolina plant to Air India.

Boeing is enjoying a burst of new orders for its updated 737 Max this year just as Airbus did with its updated A320neo in 2011. After the initial surge of orders, both lines of will likely settle down to a more normal pace.

Boeing suffered in 2011 because it waited until fall to decide it would build an all-new successor to the popular 737 or simply update the plane. After Airbus decided to update its A320 early in the year and generated hundreds of orders, Boeing followed suit.

a

*
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 thenewstribune.com. Report violators to webmaster@thenewstribune.com.