Airbus Vs. Boeing October Deliveries and Orders
November 12 2019 - 12:30PM
Dow Jones News
By Olivia Bugault
Airbus SE (AIR.FR) delivered a total 77 aircraft in October,
outstripping its U.S. rival Boeing Co. (BA), which delivered only
20 planes.
The European plane maker cut its 2019 guidance late October to
roughly 860 jets from a previous forecast of 880 to 890 aircrafts.
To achieve its new guidance, Airbus will have to deliver over 200
aircraft in November and December. Airbus has also received new
orders for 415 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 an order for its 737 MAX in October
after booking 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 10 jetliner orders and said 21 orders
were removed from the books during the period.
Boeing reported October deliveries on Tuesday, while Airbus
released the figures last week.
AIRBUS DELIVERY BOEING DELIVERY
October 77 20
------------
Year-to-Date 648 322
------------
2019 Target 860 Suspended
------------
Source: Airbus, Boeing
VIEWS:
- Jefferies: Airbus delivered 77 aircraft in October versus 81
in the same month last year, and it will have to handover 212 jets
in November and December to achieve its full-year guidance.
- UBS on Airbus: The bank expects deliveries to be as skewed
towards the end of 4Q as last year and noted that Airbus's neo jets
deliveries are still volatile.
- UBS on Boeing: "Few days ago, Ryanair warned that there is "a
real risk" it will have no 737Max flying next summer, as it expects
to receive its first 737Max in March or April 2020, i.e. 2 months
later than expected"
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
November 12, 2019 12:15 ET (17:15 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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