Airbus vs. Boeing September Deliveries and Orders
October 08 2019 - 12:56PM
Dow Jones News
By Olivia Bugault
Airbus SE (AIR.FR) delivered a total 71 aircraft in September,
far outstripping its U.S. rival Boeing Co. (BA), which delivered
only 26 planes. To achieve its guidance of delivering between 880
to 890 jets in 2019, the European plane maker still needs to ship
more than 300 planes in the fourth quarter. Airbus has also
received new orders for 41 jets. Boeing's delivery figure is
deflated by the grounding of its 737 MAX since March and the halt
in deliveries which followed two fatal crashes. The U.S. plane
maker booked a single order for its 737 MAX from an unidentified
customer in September, the first order of a MAX since April. Boeing
has also flagged 28 jetliner orders and 114 cancellations during
the period.
Both plane makers reported September deliveries this week.
AIRBUS DELIVERY BOEING DELIVERY
September 71 26
------------
Year-to-Date 571 302
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2019 Target 880-890 Suspended
------------
Source: Airbus, Boeing
VIEWS:
- BAML: Airbus had a better-than-expected September for aircraft
deliveries, with 71 airliners delivered during the month, versus
expectations of 61, and slightly up from the 69 delivered in
September last year.
- Jefferies: To achieve its 2019 target, the European plane
maker will have to deliver 314 jets in its last quarter, 17 more
than last year. However, the tariffs decided by the U.S. on
European aircraft might disrupt deliveries.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
October 08, 2019 12:41 ET (16:41 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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