You are here: Home » International » News » Companies
Business Standard

Airbus loses annual jet order race to Boeing, sees lowest share in 6 yrs

Airbus delivered 800 jets, up 11%, including 20 of the small A220 model, leaving Boeing as the world's largest planemaker by manufacturing volume for a seventh straight year

Reuters  |  Paris 

Europe's Airbus lost out to Boeing in 2018, breaking a five-year winning streak against its US rival for the number of jet orders, slumping to its lowest share of the $150 billion jet market in six years, data showed on Wednesday. Airbus posted 747 net 2018 orders, down 33 percent from the previous year, including 135 for the A220 jetliner which it took over from Canada's Bombardier in July. Boeing beat Airbus for the first time since 2012 with 893 net orders. Airbus delivered 800 jets, up 11 percent, including 20 of the small A220 model, leaving Boeing as the world's ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, January 10 2019. 00:26 IST
RECOMMENDED FOR YOU