You are here: Home » Companies » News
Business Standard

Boeing 737 rebounds to extend lead over Airbus, delivers 48 planes in Aug

Boeing's 737 and Airbus' A320 family of single-aisle jetliners are each aircraft makers' cash cows, and deliveries translate into big payments from airlines

Eric M Johnson & Tim Hepher | Reuters  |  Seattle/Paris 

Signage for Boeing is seen on a trade pavilion at Farnborough International Airshow in Farnborough, Britain | Photo: Reuters

Co bounced back from a production snarl to deliver 48 single-aisle 737s in August and extended its lead over rival for new orders.

Boeing's August 737 deliveries, announced on Tuesday, were an improvement from the 29 delivered in July, which was one of its lowest monthly tallies in years, due to ongoing supplier delays that caused unfinished to pile up at its Renton, Washington plant.

The world's biggest said it was making "good progress" towards fixing the logjam by year end.

Boeing's 737 and Airbus' family of single-aisle jetliners are each makers' cash cows, and deliveries translate into big payments from airlines.

also said its 2018 net orders totalled 581 through August, up from 487 towards the end of July. That includes 90 orders in August for 737 variants from leasing firms and unidentified customers.

Industry sources said many of those orders confirmed business unveiled at the Airshow in July.

has been slower to confirm such orders than in the previous two years when most air show business had been formalised by the end of August. this week posted 219 net orders for January to August, including five in August.

It had announced firm orders for 145 aircraft at Farnborough, including some in its books before the event took place, leaving around 90 orders still to reach its books.

Airbus said some orders were in the process of being audited and warned against reading too much into the pace of bookings.

"One month is not representative of the entire year, especially August," a spokesman said, referring to the summer slowdown in European business.

But the gap raised fresh questions over a landmark order for 34 extra A330neo wide-body aircraft from Air Asia. The deal had brought the group's A330neo order to 100 and was seen as key to shoring up the slow-selling model.

It came after a struggle between Airbus and overlong-haul carrier Air Asia X, part of Malaysia's Air Asia, Airbus's largest

In July, Airbus called that deal "firm," which observers say usually means approvals have been received and deposits paid. But two industry sources said details had yet to be resolved.

Industry publication reported last week that Air Asia X could switch 40 of its A330neo orders to the smaller A321neo, effectively cancelling out the announcement.

Air Asia was not available to comment. Airbus declined to comment on individual deals.

First Published: Wed, September 12 2018. 03:36 IST