Data provided by iNet BFA
Loading...
See More

Airbus leads global airliner market

Jan 17 2013 13:15 *James-Brent Styan
Airbus CEO

Airbus CEO Fabrice Bregier. (Wong Maye-E, AP)

Related Articles

Airbus: SA needs 180 more aircraft

Airbus wins $7bn Philippine order

New Denel-Airbus agreement signed

Boeing crisis deepens

Boeing profit climbs, lifts forecast

Dreamliner glitches spark concern

 
Cape Town - European aircraft giant Airbus currently boasts over 50% of the global market for commercial aircraft. The company has released its 2012 results.

“We are the leaders today. To date we have sold 1 700 Airbus Neos to (Boeing’s) 1 000 maxes. We have outsold the 747s with a380s by 9-1. I hate to sound defensive but those are the facts,” Airbus chief operating officer John Leahy told the media.

Airbus delivered a new company record of 588 aircraft to 89 customers, exceeding its order target of 650 by winning 914 gross orders in 2012. T

These orders include 305 Ceos, 478 Neos, 82 A330/A340s, 40 A350 XWBs and nine A380s. Airbus’ backlog sets a new industry-wide record of 4 682 aircraft valued at over $638bn.

The company’s new A350 model is nearing completion, and its first flight is expected to be later this year with first delivery to a customer by the second half of 2014.

This plane is seen as the great competitor for Boeing’s 787 Dreamliner. The Dreamliner is  experiencing difficulties and has seen the current operating fleet being grounded while safety inspections are under way.

Airbus president and CEO Fabrice Bregier said he wishes Boeing well with its 787.

“I don’t bet on difficulties of competitors to be successful. I really wish Boeing well, that they will get the 787 in the air again. A plane is designed to fly,” said Bregier.

"Looking back over 2012, we can proudly say it was a fantastic year. We delivered a record number of aircraft which highlights our increasing efficiency, and the market again demonstrated its confidence in all our products.

"In 2012 we delivered the first Sharklet aircraft and with a commanding lead in the single aisle market, the dividends from our strategic decision to invest in the kind of innovation which generates value for our customers, is paying off,” said Bregier.

The company said it will break ground with its new Airbus Neo production facility in America later this year.

 - Fin24

*Follow James-Brent Styan on Twitter at @jamesstyan.


 

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

airbus  |  boeing  |  airline
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

A cash flow crunch often occurs in small businesses trying to balance cash coming in with cash going out. Watch this video to help you improve.
 
 

OneRandMan learns how money really works

National Savings Month is not only this month, it is every month from your very first salary slip, an expert warns OneRandMan and all South Africans.

 
 

Start saving...

Time the key for retirement saving
Dummy's guide to saving
Save money with affordable account
All about endowments

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...