Tuesday, January 18, 2011

Airbus soars past Boeing to win $84b orders

Dubai: Airbus soared past US rival Boeing to win the annual orders race in 2010, new figures from the French planemaker revealed yesterday.
The EADS subsidiary said it booked 644 commercial aircraft orders worth more than $84 billion (Dh308.5 billion) at list prices last year, beating Boeing's total of 625 planes.
Airbus sold a net total of 574 planes worth $74 billion (Dh271.8 billion) at list prices compared with Boeing's 530, giving it a 52 per cent market share.
In total, Airbus' 510 deliveries in 2010 included 401 A320 family aircraft, 91 A330/A340s and 18 A380s.
At year-end, the company's commercial order backlog stood at 3,552 aircraft with a value of over $480 billion at list prices. The military backlog stood at 247 aircraft.
John Siddharth, Industry Analyst, Aerospace & Defence Practice, South Asia And Middle East, Frost & Sullivan, said: "Airbus has sold about 644 aircraft and about 200 [of them] were sold in December 2010, which is a big surprise."
Airbus also announced its 10,000th order on Monday with a firm contract from Virgin America for 60 A320s, including 30 A320neo aircraft.
17/01/11 Kevin Scott/Gulf News.com
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