Boeing orders rise to 4-year high but still trail Airbus
Boeing took more than 200 net orders for passenger airplanes in December to complete its best year since 2018, but it failed again to catch up with European manufacturer Airbus in orders and aircraft deliveries.
Airbus reported Tuesday that it took orders for 820 planes in all of 2022, after subtracting cancellations, and it delivered 661 to airlines and other customers. Those numbers topped Boeing's 774 orders and 480 deliveries.
The battle for supremacy in aircraft manufacturing has been a one-sided affair in recent years, as Boeing was dragged down by two deadly crashes of its best-selling plane, the 737 Max, and with production flaws that halted shipments of a larger plane, the 787. The latest numbers showed Boeing closing the gap, however.
Both companies are struggling with shortages of engines and other supply chain issues that limit how fast they can build and deliver planes. The outcome is frustrating to the manufacturers — deliveries were below Airbus expectations — and to airlines that are eager to expand their fleets as travel recovers from the onset of the COVID-19 pandemic.
“The supply environment was constrained in 2022 and will remain constrained in 2023,” Airbus CEO Guillaume Faury said on a call with reporters.
Faury said that despite the supply issues, Airbus is committed to increase production rates.
Airbus has put up better numbers than Boeing each of the last four years. The Toulouse, France-based company continues to dominate the market for single-aisle or narrowbody airplanes, where the Airbus A320 family has outsold Boeing 737s, and Airbus added a promising line for the smaller A220, which was originally developed by Canada's Bombardier.
Airbus and Boeing, which is based in Arlington, Virginia, and has manufacturing plants in Washington state...