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IPFS News Link • Transportation: Air Travel

Orders at Boeing Drop to a 16-Year Low

• https://moneymaven.io, by Mish

Due to never-ending 737 Max issues, plane orders at Airbus have soared while Boeing Orders Fall to 16-Year Low.

Quick Comparison Facts

Boeing New Orders: 246 new orders for commercial jets of all types before cancellations and model swaps is the lowest tally since 2003.
Airbus New Orders: 1,131 new orders last year for a net total of 768 counting cancellations.
Boeing Deliveries: 380 aircraft, including military versions of its jetliners, a 14-year-low that compares.
Airbus Deliveries: Airbus had 863 deliveries, a record high.
Boeing Backlog: 4,500.
Airbus Backlog: The A320, Airbus's rival to the Boeing 737 family, is currently sold out until late 2024.
Airbus new orders were boosted by the launch of a A320 variant that boasts more range. The bigger A321 XLR has been eating into the potential market that Boeing envisions for its first all-new aircraft model in a decade.
American Airlines Group Inc. said Tuesday that it would remove the MAX from its schedules until June, two months longer than previously planned.


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