Tag: Aircraft Demand

Airbus Outsells Boeing as Both Rack Up Huge Order Totals in Paris

Bloomberg reports that at the Paris Air Show, Airbus came in ahead of The Boeing Company “in the closely watched contest for airplane orders thanks to a massive haul from India that highlights Asia’s growing importance to aircraft demand.” Airbus’ order totals included a “record-setting deal for 500 narrowbody jets from low-cost carrier Indigo, the biggest airline in the world’s most populous country.”
Full Story (Bloomberg)

Indigo Partners Warns that Supply Chain Challenges Could Last Until 2028

Aviation Week reports that Indigo Partners is warning “that aircraft supply chain issues could be prolonged as far out as 2028, which could cause challenges for airlines worldwide.” The company’s managing partner, William Franke, spoke at the CAPA Americas Aviation Summit in Ontario, California, on Wednesday and warned of the extended possibility of supply changes affecting the global aerospace industry.
Full Story (Aviation Week)

Boeing Received More Orders in 2021 than Airbus

Reuters reports that The Boeing Company “bounced back to win the traditional annual order race against Airbus SE (AIR.PA) on an adjusted basis, but its European rival remained the world’s largest planemaker based on the number of jets delivered, data showed on Tuesday.” Shares in Boeing “rose around 2% after the closely watched data showed it ended 2021 with 535 net orders after cancellations and conversions that were partially offset by regular accounting adjustments. Gross orders were 909.”
Full Story (Reuters)