Boeing Co bounced back to take the traditional annual order contest with Airbus SE on an adjusted basis, however its European competitor was still the largest aircraft maker based on quantity of planes it delivered according to data released on Tuesday.
Boeing shares rose Boeing increased by approximately 2% following the highly-watched data revealed that it had ended in 2021, with 535 total order after cancellations and changes that were partially offset by routine accounting adjustments. Gross orders totalled 909.
With the exception of upward accounting adjustments that are a more positive outlook of Boeing on the airlines’ capability to fulfill orders, Boeing fell behind its competitor in terms of orders with 479.
Airbus sold 771 aircrafts in 2021. This gives an overall net of 507 planes after cancellations. This is almost double the level of 2020.
After cutting production in response to the pandemic, airlines are seeing increased demand for medium-haul passenger planes and freighters, despite the global concerns about Omicron.
Boeing has generally met analyst expectations for aircraft deliveries, delivering an estimated 350 aircraft to customers by 2021. That’s which is up over 157 aircraft in 2020 however, it was down from 380 in the year 2019 and an all-time high of 806 jets in 2018.
The numbers for 2021 include the most depressed number of deliveries in the 14-787 Dreamliner twin-aisles, contrasted with 41 in 2020, due to the intense inspections of production defects exacerbated delays from the COVID-19 prisoner crisis.
In comparison, Airbus delivered 611 jets in 2021, and is retaining its title as the world’s biggest aircraft manufacturer for the third year for a row.
As of December 31, the most recent information showed that Boeing provided 38 airplanes to its customers, which included 32 737 MAX jets, one P-8 maritime patrol aircraft that was delivered to Norway as well as five widebodies.
Boeing has 79 net orders of aircraft during December following cancellations and instances when the buyer was able to convert an order for an aircraft type to another. This included an order for 50 737 MAX aircrafts for Allegiant Air, seven jets for an unidentified customer and 19 767 freighters for United Parcel Service and four freighters in the 777 model to Atlas Air.
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