Order Battle Between Boeing And Airbus In April: A Boring Month – Airbus SE (OTCMKTS:EADSF)

The order battle between Boeing (NYSE: BA) and Airbus (OTCPK:EADSF, OTCPK:EADSY) is one way for the companies to flex their muscles, next to marketing their respective products as the best solution with the highest fuel efficiency and passenger comfort. Even though the orders (in terms of value) are in no way a reflection of financial performance, it’s important to have a look at the order inflow. That’s because it offers a good idea of which manufacturer has the best mix of discount, comfort, slot availability and efficiency.

In this article, I will look at the order inflow during April for both manufacturers and their role in the narrow- and wide-body markets.

Source: www.aviationsource.com

Overview for April

In April, Airbus and Boeing together hauled in 40 orders compared to 119 in the same month last year. The decline can be attributed to Boeing booking 19 fewer orders year over year, while Airbus saw its order inflow decline by 60 units. Looking at the division of the orders in April, Airbus can be marked as the clear winner: Airbus received 25 orders while Boeing received 15 orders.

In March, Boeing booked 15 orders split between two wide body aircraft and 13 narrow body aircraft:

  • An unidentified customer ordered two Boeing 787-9 jets, marking the seventh consecutive month for Boeing with order inflow for its Dreamliner aircraft. If Boeing processes the WestJet (OTC:WJAFF) order in May, it will mark the eighth consecutive month for order inflow for the composite aircraft.
  • An unidentified North American customer ordered one Boeing Business Jet.
  • SMBC Aviation Capital ordered one Boeing 737-800, likely part of an earlier order it placed in March for two units.
  • Two unidentified customers ordered eight and three Boeing 737 MAX aircraft, respectively.
  • Cancellations rose from 28 to 31, reflecting cancellations on the Boeing 737 program.

The full report for Boeing’s orders and deliveries in April can be found here.

In April, Airbus received orders for 25 aircraft divided between 11 wide bodies and 14 narrow bodies:

  • Avianca converted an order for five A319neo airframes to the bigger A320neo.
  • CALC ordered two Airbus A320neo and one A320ceo.
  • Nile Air converted an order for two Airbus A321ceo aircraft to neo airframes.
  • Iberia ordered a single Airbus A330-200.
  • Air Asia ordered three Airbus A320ceo aircraft.
  • An unidentified customer ordered 10 Airbus A350-900s.

The full report for Airbus orders and deliveries in April can be found here.

For Boeing, April showed nothing noteworthy. The Boeing 737 MAX continues to accumulate orders and the Boeing 787-9 continues to bring wide body orders to Boeing. Also in April, Airbus saw order inflow centering on the A32ceo family again. The order book for the “new engine option” family stretches over multiple years, but some momentum has been lost due to the problems with Pratt & Whitney geared turbofans. A positive for Airbus in April was the order for 10 Airbus A350-900 aircraft.

Overview Year to Date


Read the full article at the Original Source..

Back to Top