Thursday, July 26, 2018

Airbus vs Boeing: Who is winning the Indian skies?

Airplane manufacturer Boeing outdid its competitor Airbus in the recently concluded Farnborough Airshow, bagging around 500 orders as compared to 430 of the latter.
The two saw bulk orders coming in from Indian carriers during the airshow. Jet Airways ordered 75 aircrafts of 737 MAX 8 from Boeing, valued at $8.8 billion, while Vistara has committed to adding 50 Airbus A320 neo narrow-body planes to its existing fleet. In addition to this, Vistara has also confirmed an order for six Boeing 787-9 Dreamliners.
Though Boeing was ahead of Airbus in the airshow, it still remains far behind when it comes to the overall order book position. Airbus, as on March 2018, had pending orders of 7,186 aircraft, while Boeing had 5,836.
Boeing is a notch ahead of its French counterpart in overall orders from India, but its Airbus that enjoys the lead when it comes to existing fleet of Indian carriers and already executed orders.
26/07/18 CNBC TV18
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