Boeing beats Airbus in first quarter
US planemaker Boeing beat European rival Airbus in net new orders and deliveries in the first quarter, according to figures released yesterday.
The aircraft giants showed mixed results in the traditionally slow quarter for new orders but the gap between them in deliveries, which generate most revenue, widened after Boeing handed over a record number of jets for the period.
Airbus said it had booked gross orders of 121 aircraft in January-March, beating Boeing's 116.
After cancellations and conversions, it slipped behind Boeing with 101 net orders as opposed to 110 for Boeing.
Airbus logged 134 plane deliveries in the first quarter including one A350, its latest model, and four A380s.
Deliveries slipped from 141 in the first quarter of 2014 as the wide-body A330 fell to 20 from 28. Airbus plans to cut monthly A330 production from nine to six from early 2016.